L'azurde for Jewelry Co. has finalized the due diligence process to buy out Izdiad Commercial Company of Arabia, a jewelry retailer owned by Tamkeen Industrial & Trading Co. (Tamkeen), the company said in bourse filing. 

 

Talks are still ongoing with Tamkeen over the deal, the statement added.

 

Last September, L'azurde’s board of directors approved signing a memorandum of understanding (MoU) with Tamkeen to fully acquire Izdiad Commercial. The MoU was valid for eight weeks from the signing date.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request