Tadawul Group subsidiary signs SAR 134 mln deal with National Two Ventures to acquire 51% stake in DirectFN
- Date: 24-Nov-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Tadawul Group subsidiary signs SAR 134 mln deal with National Two Ventures to acquire 51% stake in DirectFN
Saudi Tadawul Group Holding Co. announced that its subsidiary Tadawul Advanced Solutions Co. signed a sale and purchase agreement (SPA) with National Two Ventures LLC (sole proprietorship) to acquire a 51% stake in Direct Financial Network Co. (DirectFN Limited) for SAR 134 million, according to a bourse statement.
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