Maharah's subsidiary gets GAC's nod to acquire 40% of Salis Trading

24/10/2022 Argaam

Logo of Maharah Human Resources Company

The General Authority for Competition (GAC) issued a no-objection certificate for the economic concentration between Growth Avenue Co. and Salis for Trading and Marketing Co.

 

The concentration includes Growth Avenue's acquisition of a 40% stake in Salis, the authority said in a statement today, Oct. 24. 

 

In May, Maharah's wholly-owned subsidiary, Growth Avenue, signed a sale and purchase agreement (SPA) to acquire a 40% stake in Salis, according to data available with Argaam.

 

Salis is the owner of Suroor App that offers various home and personal services.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read