Cenomi Retail in negotiations with major retailer on potential deal

19/08/2024 Argaam
Logo ofFawaz Abdulaziz Alhokair Co. (Cenomi Retail)

Logo of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail)

Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) is in negotiations with a leading international fashion retailer for a potentially significant merger transaction involving certain fashion brands.

 

Further material developments will be announced in due course in accordance with the applicable regulations, according to a statement to Tadawul today, Aug. 19.

 

For more news and details on M&As

 

The company appointed Lazard as its financial advisor and AS&H Clifford Chance as legal advisor, the statement added.

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