Ober acquires Karim with $ 3.1 billion



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Alwaleed bin Talal denies KHC's support for this agreement

Today announced the official acquisition of Ober on Karim under a $ 3.1 billion contract, according to CNN.

A little earlier, Prince Alwaleed bin Talal, on his Twitter account, said: "KHC supports the $ 1.13 billion deal between @ber and Careem.

Ober Transport announced that it would buy all Karim's activities in the areas of passenger transport, delivery and payment in the Greater Middle East, from Morocco to Pakistan.

According to a statement from Reuters, the company will spend for the purchase of its rival in the Middle East, "Karim", under a deal worth 3, $ 1 billion, is expected to close the transaction "Karim" in the first quarter of 2020.

Karim added that Karim would become a wholly owned subsidiary of Ober, operating as an independent company under the Karim brand, led by its founders.

Ober acquires Karim with $ 3.1 billion


previously

Today announced the official acquisition of Ober on Karim under a $ 3.1 billion contract, according to CNN.

A little earlier, Prince Alwaleed bin Talal, on his Twitter account, said: "KHC supports the $ 1.13 billion deal between @ber and Careem.

Ober Transport announced that it would buy all Karim's activities in the areas of passenger transport, delivery and payment in the Greater Middle East, from Morocco to Pakistan.

According to a statement from Reuters, the company will spend for the purchase of its rival in the Middle East, "Karim", under a deal worth 3, $ 1 billion, is expected to close the transaction "Karim" in the first quarter of 2020.

Karim added that Karim would become a wholly owned subsidiary of Ober, operating as an independent company under the Karim brand, led by its founders.

March 26, 2019 – 19 Rajab 1440

The time now is 10:03 AM

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March 26, 2019 – 19 Rajab 1440

The time now is 09:29 PM


Alwaleed bin Talal denies KHC's support for this agreement

Today announced the official acquisition of Ober on Karim under a $ 3.1 billion contract, according to CNN.

A little earlier, Prince Alwaleed bin Talal, on his Twitter account, said: "KHC supports the $ 1.13 billion deal between @ber and Careem.

Ober Transport announced that it would buy all Karim's activities in the areas of passenger transport, delivery and payment in the Greater Middle East, from Morocco to Pakistan.

According to a statement from Reuters, the company will spend for the purchase of its rival in the Middle East, "Karim", under a deal worth 3, $ 1 billion, is expected to close the transaction "Karim" in the first quarter of 2020.

Karim added that Karim would become a wholly owned subsidiary of Ober, operating as an independent company under the Karim brand, led by its founders.

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