Takween Advanced Industries Co. — M&A Activity 2021

Jun 22, 2021

Addendum Announcement from Takween Advanced Industries Co. in regard to company announcement in 11-11-1442 H on the issuance of non-objection from the General Authority for Competition to complete the economic concentration process by the JOFO Nonwoven Company's acquisition of 70% of partners shares in SAAF Co.

1201 · 22/06/2021 15:30:35 · Announcement #63844 · View on Saudi Exchange

Addendum Announcement from Takween Advanced Industries Co. in regard to company announcement in 11-11-1442 H on the issuance of non-objection from the General Authority for Competition to complete the economic concentration process by the JOFO Nonwoven Company's acquisition of 70% of partners shares in SAAF Co.

Element List	Explanation
Introduction	Addendum Announcement from Takween Advanced Industries Company regarding the date of receipt the issuance of non-objection from the General Authority for Competition nu,ber 505718 dated 10-11-1442H to takween company on 11-11-1442 H afternoon , to complete the economic concentration process by the JOFO Nonwoven Company's acquisition of 70% of partners shares in SAAF Co.
Date of Posting the Previous Announcement of Development on Tadawul's Website	2021-06-21 Corresponding to 1442-11-11
URL of the Previous Announcement	Click Here
Change on the Development	The company Announce to note the date of receipt the issuance of non-objection from the General Authority for Competition nu,ber 505718 dated 10-11-1442H to Takween company on 11-11-1442 H afternoon
Financial Impact on the change	N\A

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