Dar Almarkabah Terminates Al Sahm Al Thahabi Acquisition

DAR ALMARKABAH

DAR ALMARKABAH

9577.SA

0.00

On May 20, 2026, Dar Almarkabah for Renting Cars Co. announced the termination of its Memorandum of Understanding to acquire all shares of Al Sahm Al Thahabi Car Rental Company. The original MOU was signed and announced on August 11, 2025, but following completion of necessary studies and discussions between the parties, no final agreement was reached regarding the transaction. The Memorandum of Understanding has been officially terminated and cancelled.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95550&anCat=1&cs=9577&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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