Sukoon [4] has finalized the acquisition of 93% of Arabian Scandinavian Insurance Company (ASCANA).
The Emirati insurer, formerly known as Oman Insurance Company, had signed an agreement in December 2022 to acquire a majority stake in the capital of the takaful company, listed on the Dubai Stock Exchange.
Sukoon intends to submit an offer to acquire ASCANA's remaining shares.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Femirats-arabes-unis%2Fsukoon-completes-the-acquisition-of-ascana&text=Sukoon+completes+the+acquisition+of+ASCANA
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Femirats-arabes-unis%2Fsukoon-completes-the-acquisition-of-ascana&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-201-may-2023
[4] https://www.atlas-mag.net/en/category/tags/compagnies/sukoon