Tihama extends Dan Diamond acquisition deal for 60 days

28/09/2025 Argaam
Tihama Advertising and Public Relations Co. will extend the Dan Diamond acquisition agreement for an additional 60 days for inspection

Tihama Advertising and Public Relations Co. will extend the Dan Diamond acquisition agreement for an additional 60 days for inspection

Tihama Advertising and Public Relations Co. stated that on Sept. 24, approval was granted to extend the deadline for conducting a due diligence on Dan Diamond Real Estate Development and Investment Co. for an additional 60 days.

 

All other terms remain as previously agreed to, the company noted in a statement to Tadawul, adding that there are no costs associated with the extension.

 

For more news and details on M&As

 

Tihama signed, on July 30, an agreement with Osama Abdulaziz Al Tawala Law Firm and Legal Consultants to acquire Dan Diamond for SAR 90.72 million, data compiled by Argaam showed.

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