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AICC names Albilad Capital as financial advisor UCA merger

AICC names Albilad Capital as financial advisor UCA merger

Argaam13 hours ago
Arabia Insurance Cooperative Co. appointed Albilad Investment Co. (Albilad Capital) as a financial advisor on the proposed merger with United Cooperative Assurance Co. (UCA).
In a statement to Tadawul today, the company said that announcements will be made later for any future developments as they occur.
In June, AICC signed a non-binding memorandum of understanding (MoU) with UCA to evaluate a potential merger between the two Saudi-listed companies, according to Argaam data.
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