AICC names Albilad Capital as financial advisor on UCA merger

17/07/2025 Argaam
Logos of United Cooperative Assurance Co. (UCA) and Arabia Insurance Cooperative Co. (AICC)

Logos of United Cooperative Assurance Co. (UCA) and Arabia Insurance Cooperative Co. (AICC)

Arabia Insurance Cooperative Co. (AICC) appointed Albilad Capital as financial advisor on the proposed merger with United Cooperative Assurance Co. (UCA).


In a statement to Tadawul today, July 17, the insurer said any future developments will be annouced as they arise.

 

For more news and details on M&As

 

In June, AICC signed a non-binding memorandum of understanding (MoU) with UCA to evaluate a potential merger between the two Saudi-listed companies, according to Argaam data.

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