Buruj names Baker McKenzie as legal advisor for MEDGULF merger

08:44 AM (Mecca time) Argaam
Logos ofBuruj Cooperative Insurance Co.andMediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)

Logos of Buruj Cooperative Insurance Co. and Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)

Buruj Cooperative Insurance Co. appointed Baker McKenzie as its legal advisor in the proposed merger with Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF), the company said in a statement to Tadawul.

 

For More Mergers and Acquisitions

 

In July, MEDGULF and Buruj signed a non-binding memorandum of understanding (MoU) to evaluate the feasibility of a potential merger, according to data compiled by Argaam.

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