Future Retail for Information Technology Co
BinDawood Holding Company' subsidiary, Future Retail for Information Technology Company, has inked a non-binding memorandum of understanding to acquire 62% of International Applications Trading Company’s (IATC) shares.
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Agility Strategies Holding
Agility Strategies Holding Limited, a wholly-owned subsidiary of Agility Public Warehousing, will acquire a 13.2% stake in London Stock Exchange-listed John Menzies in exchange for £73.4 million (KWD 30 million).
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United Wire Factories Co
United Wire Factories Company (Aslak) has signed a non-binding memorandum of understanding to acquire a stake in Dammam-based A-1 Fence Arabia, wholly owned by the UAE's A-1 Fence DMCC Company.
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The Saudi Automotive Services Co
The Saudi Automotive Services Company (SASCO) has inked a Sharia-compliant bank facility agreement worth SAR 504 million with Riyad Bank.
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International Holding Co
International Holding Company (IHC) has completed its acquisition of a 70% stake in the Arena Events Group in exchange for AED 239.8 million ($65 million).
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