AlBabtain Food cancels MoU for acquisition of Integrated Business
31/10/2023
Argaam

Logo of Abdulaziz & Mansour Ibrahim AlBabtain Co. (AlBabtain Food)
Abdulaziz & Mansour Ibrahim AlBabtain Co. (AlBabtain Food) canceled today, Oct. 31, a non-binding memorandum of understanding (MoU) with Integrated Business Co. (Integrated Business).
The MoU was cancelled as both the parties failed to reach an agreement, AlBabtain Food said in a statement to Tadawul.
On Aug. 2, 2023, the company signed an MoU with Integrated Business to study feasibility and determine acquisition percentage, according to Argaam's data.
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Market Indices
NOMU
23,643.74
157.22
0.67 %
Quotes
ALBABTAIN FOOD
24.88
0.88
3.67%
Call Request
Comments Analysis: