Logo of Etihad Atheeb Telecommunication Co. (GO)
Etihad Atheeb Telecommunication Co. (GO) disclosed today, Dec. 15, the selling parties involved in its acquisition of a 51% stake in eJad Tech Co., according to a statement to Tadawul.
The company clarified that the sellers are Maha Albaqami, representing a 26% stake in eJad Tech, and Aisha Albaqami, holding 25% of the company.
For more news and details on M&As
According to data available with Argaam, GO announced on Dec. 12 signing an agreement to acquire a 51% stake in eJad Tech for SAR 86.7 million.
Additionally, the company attached the financial statements of the target asset for the last three years
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