Miahona Co.TADAWUL: 2084

Miahona Co Signs SPA To Buy 100% Equity Stake In Sha’s Water Services

· Issued by Miahona Co.

Miahona Co SCJSC TADAWUL:2084:

  • MIAHONA CO SCJSC - COMPANY SIGNS SPA TO BUY 100% EQUITY STAKE IN SHA’S WATER SERVICES LTD. COMPANY INCLUDING RELEVANT STAKE IN ITS AFFILIATES

  • MIAHONA - ACQUISITION WILL BE FUNDED THROUGH MIAHONA CO’S INTERNAL SOURCES AND AVAILABLE FINANCING FACILITIES

  • MIAHONA - TRANSACTION IS CURRENTLY VALUED AT SAR 95 MILLION

  • MIAHONA - TRANSACTION WILL ENTAIL CO’S GROWTH IN WATER DISTRIBUTION BUSINESS SPACE IN RIYADH ACROSS MULTIPLE CUSTOMERS SEGMENTS

Earlier from Miahona

All Miahona news releases