BinDawood Receives Competition Approval for SAR 217.9M Vaza Acquisition

BINDAWOOD

BINDAWOOD

4161.SA

0.00

BinDawood Holding Company announced on May 3, 2026 that it has received a non-objection certificate from the General Authority for Competition regarding its acquisition of 51% of shares in Vaza Food Company. The acquisition, originally announced on April 7, 2026, is valued at SAR 217.9 million and represents an economic concentration transaction that required regulatory approval. The company will announce any further material developments as they occur.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94899&anCat=1&cs=4161&locale=ar

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