GAC issues 17 economic concentration decisions in October

05/11/2024 Argaam
Logo ofThe General Authority for Competition (GAC)

Logo of The General Authority for Competition (GAC) 

The General Authority for Competition (GAC) issued last October as many as 17 decisions for approval requests on economic concentration applications.

 

This included 16 acquisitions and one joint venture, GAC said on its official X account.

 

For more news and details on M&As

 

These applications include the acquisition by Toruk, Taqat Petroleum Services and Tawseel Commercial of a 51% stake in Mazaya Al Oula for Fuel and 51% stake in Mazaya Al Oula for Transport.

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