Naqi Water To Buy 70% Stake In Ahali Najd Car Rental Company

About this update from Naqi Water Company

NAQI WATER COMPANY SJSC TADAWUL:2282:NAQI WATER COMPANY SJSC - TO BUY 70% STAKE IN AHALI NAJD CAR RENTAL COMPANYNAQI WATER COMPANY SJSC - ACQUISITION AIMS TO STRENGTHEN GROWTH AND EXPAND BUSINESS OPERATIONSNAQI WATER - ACQUISITION EXPECTED TO PROMOTE OPERATIONAL INTEGRATION AND SYNERGY BETWEEN TWO COMPANIESNAQI WATER - TRANSACTION WILL BE FINANCED THROUGH CO'S INTERNAL RESOURCES, AVAILABLE CASH FLOWS WITHOUT NEED FOR EXTERNAL FINANCINGNAQI WATER - ACQUISITION IS EXPECTED TO PROMOTE OPERATIONAL INTEGRATION AND SYNERGY BETWEEN TWO COMPANIES

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