Malath Cooperative Insurance & Reinsurance (Malath) appointed Alinma Investment as financial advisor on May 23 to conduct financial and technical studies for its potential merger with Allied Cooperative Insurance Group (ACIG), it said in a statement to Tadawul on Wednesday.
The merger will be subject to approval from regulatory authorities and shareholders.
Malath announced in March that it was considering a merger with ACIG, without disclosing any financial details.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}