National Agricultural Development Co
The National Agricultural Development Company (NADEC) has entered into discussions regarding a proposed acquisition of either the entire share capital of Dava Agricultural Company (DAVA) or certain assets that have an area up to 70 Hectares.
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Remco for Tourism Villages Construction
Remco for Tourism Villages Construction approved a valuation report conducted by Solid Capital Financial Advisory for Remco for Real Estate Construction’s 99.95% stake in Orient Tours for Hotels and Tourism Villages.
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Alawwal Bank
The full integration of Alawwal Bank and Saudi British Bank (SABB) is targeted to complete on 14 March 2021.
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The National Building and Marketing Co
The National Building and Marketing Company signed an agreement to acquire the full shares of Ajeej Steel Manufacturing Co’s capital for SAR 180 million.
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Hassan Allam Holding
The Egyptian Transport and Commercial Services Co (Egytrans) said that Hassan Allam Utilities Holding BV, the owner of the infrastructure and renewable energy firm H.A. Utilities BV, submitted a non-binding offer for business integration.
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Tihama Advertising and Public Relations Co
Tihama Advertising and Public Relations Company has completed the formal procedures to acquire shares representing 35% of the capital of its subsidiary, Integrated Production Company for Audiovisual Media Production, at SAR 7.25 million.
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