BABTAIN OFFERS TAKEOVER OF FRENCH FIRM’S ASSETS

28/01/2012 Tadawul

Al Babtain Power and Telecommunications Company would like to inform that it has filed a final unconditional offer for the acquisition of all Petitjean SAS assets on 26/01/2012. The competent court is expected to take its decision regarding the purchase offers on 31/01/2012G. Any developments in respect of such offers will be announced shortly thereafter.
 

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