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AI Arabia acquires Faden Media

January 11, 2024
in Law and Legal
Reading Time: 1 min read
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Arabian Contracting Companies Firm (Al Arabia), a Saudi listed firm, acquired your complete share capital of Faden Media and Promoting Firm (Faden Media) for SAR 1.05 billion. The transaction represents an extension of Al Arabia’s development technique, forming worthwhile native and regional partnerships to take care of its market-leading place. Clyde & Co acted as lead counsel to AI Arabia, with a cross-practice and cross-jurisdictional staff led by company associate Rizwan Osman.

“We’re delighted to have supported Al Arabia on this strategic development transaction. Performing as lead exterior authorized counsel, our efficient collaboration and in depth expertise enabled us to succeed in a profitable end result on this complicated transaction.”

www.clydeco.com

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