Saudi startup Jahez to acquire all shares in Marn Business for $16m

by gulftimes


Wed, 2022-10-05 09:15

RIYADH: Jahez International Co. for Information Systems Technology has signed an agreement to acquire all shareholders’ shares of Marn Business Information Technology Co. for SR60 million ($16 million).

The transaction is in line with the online food delivery platform Jahez’s strategy of expanding its business through acquisitions in order to take advantage of the growing opportunities in the industry, it said in a bourse filing.

Main category: 
Business & Economy



Source link

You may also like

Leave a Comment