Ataa says MoU with Digital Future expired, no deal reached

17/12/2024 Argaam
Logo ofAtaa Educational Co.

Logo of Ataa Educational Co.

Ataa Educational Co. announced today, Dec. 17, the expiration of the memorandum of understanding (MoU) signed with Digital Future Co., as no agreement was reached between the two parties, the company said in a statement to Tadawul.

 

According to data available on Argaam, Ataa received in August an offer from Digital Future expressing interest to acquire Creative Development Co. and Al Faisal International Academy, branches of Arabian Education and Training Group that is 100%-owned by Ataa.

 

Last October, the MoU was extended for additional 20 days till Nov. 15, then was renewed for 30 days till Dec. 15, 2024.

 

For more news on listed companies

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.