08 Jumada II 1446 - 9 December 2024
    
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Eye of Riyadh
Business & Money | Monday 19 August, 2024 9:29 am |
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Cenomi Retail in negotiations with major retailer on potential deal

Fawaz Abdulaziz Alhokair Company (Cenomi Retail) announced it is in negotiations with a leading international fashion retailer as regards a potentially significant merger transaction involving certain fashion brands, according to a statement to Tadawul.

 

Further material developments will be announced in due course in accordance with applicable regulations.

 

The company appointed Lazard as its financial advisor and AS&H Clifford Chance as legal advisor, the statement added.

 

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