Al-Hokair buys 42 women fashion boutiques for SAR 383 million

16/09/2014 Argaam

Fawaz Abdulaziz Al-Hokair Company signed yesterday a deal to buy 42 women fashion boutiques in Riyadh, Makkah and Taif from Dana Group for SAR 383 million.

The deal will be financed by a long-term Sharia-compliant credit facility, a filing to Tadawul said.

The company said the deal aims at growing revenues and expected a positive financial impact as of the second quarter.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.