Manama I October 3, 2023
Al Baraka Group B.S.C., announces it received a firm intention from Dallah AlBaraka Holding Company to acquire up to 22.62% of the issued and paid-up ordinary shares of ABG. The cash offer is USD 0.30 for each ABG share.
ABG has received a notice of firm intention to make the Exit Offer and the Offer document from Dallah on 3 October 2023. ABG will provide additional disclosures on this matter, on an ongoing basis, to ensure compliance with governing laws and regulations.
ABG has received a notice of firm intention to make the Exit Offer and the Offer document from Dallah on 3 October 2023. ABG will provide additional disclosures on this matter, on an ongoing basis, to ensure compliance with governing laws and regulations.