BinDawood Holding Co. headquarters
BinDawood Holding Co. obtained, on July 7, the approval of the General Authority for Competition (GAC) on the buyout of Jumeirah Trading Co., according to a statement to Tadawul.
The company will announce the deal completion and any other fundamental developments in due course.
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According to data available on Argaam, BinDawood Holding’s board of directors approved in May, the 100% acquisition of Jumeirah Trading at SAR 186.5 million.
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