Mezzan Holding Company
Mezzan Holding Company raised its stake in Saudi-based Mezzan Foods Company to 99%.
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Al Rajhi REIT Fund
Al Rajhi REIT Fund has completed the acquisition of Rowad AlKhaleej International School in Dammam for SAR 244.5 million.
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MetLife AIG ANB Cooperative
MetLife AIG ANB Cooperative Insurance Company has received the approval of SAMA on the merger with Walaa Cooperative Insurance Company.
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Al Ahlia Insurance Company
Al Ahlia Insurance Company and Gulf Union Cooperative Insurance Company have announced signing a MoU for a potential merger.
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SABIC
Saudi Basic Industries Corporation (SABIC) and Saudi Arabian Fertiliser Company (SAFCO) have signed a share purchase agreement. SAFCO will acquire 100% of SABIC Agri-Nutrients Investment Company (SANIC), at SAR 4.59 billion.
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AMN Industrial Investment
AMN Industrial Investment has acquired 7.7% of the Paint and Chemical Industries Company (Pachin) in EGP 38.9 mln transaction.
Qatar Holding
Qatar Holding LLC’s acquisition of Adani Electricity Mumbai Limited and Adani Electricity Mumbai Services Limited is deemed approved under the Competition Commission of India (CCI) Green Channel.
