Maharah: ‘Competition’ Completes Economic Concentration between GAG and Shefa

Maharah Company announced on Sunday that Growth Avenue Investment Company (GAG) received the General Authority of Competition’s non-objection statement on completing the process of economic concentration between Growth Avenue Investment Company (GAG) and Shefa Arabia Medical Company 06.01.2022.

This comes with reference to the announcement of Maharah Human Resources company (Maharah Company) published on the Tadawul website on 07.12.2021 regarding the Growth Avenue Investment Company (GAG) – 100% owned by Maharah Company – signed the sale and purchase agreement on 06.12.2021 to acquire 85% of the ownership stakes in Shefa Arabia Medical Company (Shefa Company).