بلدي تعلن صدور عدم ممانعة هيئة المنافسة من إتمام عملية التركز الاقتصادي مع المنجم

Logos of Baladi poultry Trading Co. and Almunajem Foods Co. 

Baladi Poultry Trading Co. announced that the General Authority for Competition (GAC) has no objections to the completion of the economic concentration process with Almunajem Foods Co.

 

For More Mergers and Acquisitions

 

The two companies said in two separate statements to Tadawul that they will announce any developments related to the completion of the transaction in accordance with the relevant regulations and instructions.

 

Almunajem added that it will acquire Balady Poultry’s share for a total amount of SAR 181.33 million.

 

Balady Poultry and Almunajem Foods signed in April a binding share purchase agreement (SPA), under which Almunajem buys a 23% stake, or 1.51 million shares, from Balady Poultry’s major shareholders at SAR 120 each, totaling SAR 181.33 million.

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.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request