Logo of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail)
Fawaz Abdulaziz Alhokair Company (Cenomi Retail) announced it is in negotiations with a leading international fashion retailer as regards a potentially significant merger transaction involving certain fashion brands, according to a statement to Tadawul.
Further material developments will be announced in due course in accordance with applicable regulations.
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The company appointed Lazard as its financial advisor and AS&H Clifford Chance as legal advisor, the statement added.
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