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Cenomi Retail to sell fashion business to unit of Al Othaim in SAR 120 mn transaction
The sale’s proceeds will be used to sponsor Cenomi Retail’s focus on champion brands and deleverage debt
Almarai grabs Etmam Logistics for SAR 182 mn amid push into frozen foods
The move nicely compliments Almarai’s plans to widen its range of frozen products
Jamjoom lines up SAR 37.8 mn in financing for its JV in Algeria
Funds will be used to set up a manufacturing plant, fund day-to-day ops
Care acquires all of Chronic Care Specialized
Healthcare provider Care’s acquisition of Chronic Care Specialized is complete, and is aligned with the company’s expansion plans
PIF-backed sports venture acquires MMA rival Bellator from Paramount
The Professional Fighters League a serious power move to acquire MMA rival and challenge industry leader UFC
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