AnnouncementDetails

Actions

The Savola Group Announces that its subsidiary Savola Foods Company has obtained a No-Objection Certificate with respect to the completion of the economic concentration transaction relating to the Acquisition of Bayara Holding Limited.

Element ListExplanation
Announcement Detail With reference to Savola Group Company (The Group) announcement published on the Saudi Stock Exchange website (Tadawul) dated 11/07/2021 regarding the binding agreement that its wholly owned subsidiary Savola Foods Company (SFC) has signed to acquire 100% of Bayara Holding Limited, which operates in manufacturing and distributing of branded healthy snacks (raw & roasted nuts, dates, seeds, dried fruits, and confectionery) and cooking ingredients (herbs, spices and pulses), The Group would like to announce that SFC has obtained on 30 September, 2021 a No-Objection Certificate with respect to the completion of the economic concentration transaction relating to the acquisition deal.

In this respect, Savola Group will announce any material developments as and when they occur.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
0.0 0.0 (0.0%)
Value Traded (SAR) Volume Traded
0 0