Saudi BinDawood's Q1 net profit drops 20%, misses estimate
The supermarket operator is looking at international acquisitions, says CEO
Source: zawya.com
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EPTL, EPL conclude $2.05bn transaction of port & power infra assets with AM/NS
In order to complete its asset monetisation drive to effectively become debt free, Essar Ports & Terminals Ltd (EPTL) and Essar Power Ltd (EPL) on Monday concluded the $2.05 billion (Rs 16,500 crore) sale of captive ports and power assets ...
Source: prokerala.com
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
Source: arabnews.com
BinDawood to buy majority stake of influencer marketing company Ykone
BinDawood Holding, a Saudi Arabian grocery chain, disclosed on Sunday that talks had begun to buy the majority of the shares of Ykone, an influencer marketing firm.
Source: adgully.com
Saudi's BinDawood Holding in talks to acquire influencer marketing firm Ykone
BinDawood Holding has a total of 78 stores in Saudi Arabia
Source: gulfnews.com