Logo of Maharah Human Resources Co.

Maharah Human Resources Co. signed an agreement on April 11, 2021, to purchase 90% of Spectra Support Services Co.

 

The closing of the deal will be subject to the execution of pre-conditions by June 30, 2021, including the general assembly's approval, the company said in a statement to Tadawul today, April 12, 2021.

 

The two companies will have the option to allow more time or abandon the deal if the conditions are not executed by the above-stated date.

 

The costs associated with the deal include advisory fee related to the legal and financial due diligence. No material changes have occurred to these costs, the statement noted.

 

In December 2020, Maharah signed a non-binding agreement to acquire a majority stake in Spectra Support Services, a limited liability company.

 

For More M&As

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Related News

Maharah signs MoU to acquire majority stake in Spectra Support Services

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request