TAQAT extends MoU to acquire Bayan Transport

01/01/2025 Argaam
Logo ofTAQAT Mineral Trading Co.

Logo of TAQAT Mineral Trading Co. 

TAQAT Mineral Trading Co. extended a non-binding memorandum of understanding (MoU) to fully acquire Bayan Transport Trading Co.

 

For more news and details on M&As

 

Set to expire on Dec. 31, 2024, the MoU was extended until March 31, 2025.

 

In a statement to Tadawul, the company said there is no financial impact resulting from this extension.

 

According to available data on Argaam, TAQAT signed the MoU in May 2024 to acquire 100% of Bayan Transport.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.