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Saudi retailer BinDawood to acquire 80.5% stake in French TFI's subsidiary

RIYADH: BinDawood Holding Co. has received approval from its shareholders and board to acquire an 80.5 percent stake in Ykone, a subsidiary of French TF1 Group. The acquisition will be made through its newly established French subsidiary Future Retail for Information Technology Co., with the option of purchasing an additional 4.9 percent, according to a bourse filing BinDawood
Ar Riya Saudi Arabia Ahmad Bindawood Retail For Information Technology Co Bindawood Holding Co Technology Retail

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