Riyadh – Mubasher: Ayyan Investment Co. has appointed Aljazira Capital as a financial adviser to manage its deal negotiation process with Al Ahsa Medical Services Co’s shareholders to acquire their non-controlling stakes.
Aljazira Capital will carry out all required procedures in case an agreement has been reached between Ayyan and Al Ahsa, according to a bourse filing on Sunday.
Last week, Ayyan’s board decided to begin talks to buy non-controlling stakes in Al Ahsa, a 69.93%-owned subsidiary.
