Logo of General Authority for Competition (GAC)
Saudi Arabia’s General Authority for Competition (GAC) issued 23 decisions on economic concentration applications in March, according to its official X account today, April 8.
The March decisions included 22 unconditional clearances and one conditional approval. Acquisition deals made up around 82% of the total, while joint ventures (JVs) accounted for the remaining 18%.
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Among the approved deals, GAC cleared Avilog Logistics Services Co.’s acquisition of a 49% stake in SATS Saudi Arabia.
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