Ataa Educational terminates MoU with Abdullah Alhamdan on Enaya Schools’ acquisition

07/11/2019 Argaam

 

Ataa Educational Co. has terminated a non-binding memorandum of understanding (MoU) with Abdullah bin Abdulrahman Alhamdan & Sons on the acquisition of its affiliate, Al Enaya Schools in Riyadh, it said in a bourse statement.

 

The MoU termination came after completing the due diligence.

 

There is no relevant financial impact, the statement said, adding that Ataa will proceed with its expansionary strategy, the statement added.

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.