Retal to fully acquire Ajdan
The takeover began with Retal agreeing to acquire a 47.5% stake from its own majority owner, Al Fozan Holding
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The takeover began with Retal agreeing to acquire a 47.5% stake from its own majority owner, Al Fozan Holding
The sale comes as it steps up its healthcare push across the Kingdom and the wider GCC
The Finance Ministry now owns 86% of the giant contractor
The deal structure sees the PIF taking a 93.4% controlling interest
Fakeeh Care targets controlling stake in Diagnostic Elite to fund expansion
Ades plans to refinance Shelf’s debt this year, targeting over USD 30 mn in annual interest savings
The latest offer price represents a 32% premium to Masar’s final IPO price of SAR 15 just eight months ago
AD Ports bought the stake through a mix of banknotes and debt
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