GAC issues 24 economic concentration decisions in July
The July decisions included the establishment of two joint ventures, it added.
Among the approved deals, GAC cleared Al-Futtaim Retail's acquisition of a 49.95% stake in in Fawaz Abdulaziz Alhokair Co. (Cenomi Retail). The authority also approved Saudi Fransi Capital's acquisition of a 19.35% stake in e-payment services provider MyFatoorah.
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