Gulf Union Cooperative and Al Ahlia Insurance: merger on the horizon

GULF UNION COOPERATIVE InsuranceGulf Union Cooperative and Al Ahlia Insurance Company settle on establishing a possible merger. The document agreed upon by both parties is valid for nine months starting from December 24th, 2019. It may be interrupted by the signature of the merger or by termination by mutual agreement.

Saudi Kuwaiti Finance House (SKFH) and Aljazira Capital have been selected as financial advisors to Gulf Union and Al Ahlia respectively.

Read also | Gulf Union Cooperative Company increases its share capital

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