Saco finalises deal value for Medscan acquisition at SAR37 million
Saudi Company For Hardware (SACO) [4080.SE] announced that the final price for the 100% acquisition of Medscan Ltd is SAR37 million. Earlier in October 2015, the company signed a memorandum of understanding (MoU) to purchase all of Medscan’s shares. The purchase, which will be proposed for approval to the AGM, will be financed both internally and through Islamic credit facilities. Medscan is a limited liability company that specialises in transporting goods, logistics, and warehousing and is located eastern Saudi. (Tadawul)
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.