Savola, Takween extend MoU on subsidiary buyout

06/11/2014 Argaam

Takween and Savola Group extended their mutual memorandum of understanding related to the takeover of the latter’s subsidiary to December 31.

 

Takween said in July it sought to fully acquire Savola Packaging Company, a subsidiary of Savola Group.

 

The memo was valid till November 11, and the extension gives more time for due diligence checks, a filing to Tadawul said.

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.