Riyadh – Mubasher: Anaam International Holding Group announced the expiry of its memorandum of understanding (MoU) to acquire 100% equity in Al Takamul National Agriculture Company.
No agreement has been reached between the two parties, Anaam disclosed in a bourse filing on Sunday.
The listed firm confirmed that no financial impact will affect its income statements due to the expiry of the MoU.
Last March, Anaam signed a non-binding MoU for a potential acquisition of 100% of Al Takamul’s shares.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
