Kingdom Holding Co. — M&A Activity 2011

Jun 15, 2011

Kingdom Holding Company Announces the Acceptance from the Board of Directors of Zain Saudi to Start the Due Diligence Process

4280 · 15/06/2011 07:50:43 · Announcement #22003 · View on Saudi Exchange

Kingdom Holding Company Announces the Acceptance from the Board of Directors of Zain Saudi to Start the Due Diligence Process

Further to the companys announcements on the Tadawul website on 24/05/2011.

Kingdom Holding Company (KHC) and Bahrain Telecommunication Company (BATELCO) announce that the Consortiums have received an acceptance to start the due diligence from the Board of Directors of Zain Saudi on Tuesday 14/06/2011. The due diligence process will start from the day of the acceptance to the August 31 2011. Both KHC and Batelco will keep their respective shareholders and regulators informed of any material development.

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