GAC issues 24 economic concentration decisions in July

04/08/2025 Argaam
Logo ofGeneral Authority for Competition (GAC)

Logo of General Authority for Competition (GAC)

Saudi Arabia’s General Authority for Competition (GAC) issued 24 decisions on economic concentration applications in July, according to a statement.
 

The July decisions included the establishment of two joint ventures, it added.

 

For more news and details on M&As

 

Among the approved deals, GAC cleared Al-Futtaim Retail’s acquisition of a 49.95% stake in in Fawaz Abdulaziz Alhokair Co. (Cenomi Retail). The authority also approved Saudi Fransi Capital’s acquisition of a 19.35% stake in e-payment services provider MyFatoorah.

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.