Saudi Investment Bank (SAIB) has completed the acquisition of Mizuho Corporate Bank Limited's 18.7 million shares in SAIB for a total of SAR 253.12 million, or SAR 13.5 per share, the bank said in a statement to Tadawul.

 

Acquisition of Mizuho’s full stake, which was purchased as treasury shares, was approved by the bank’s extraordinary general assembly meeting on March 28.

 

In November 2018, SAIB signed an agreement to buy Japanese Mizuho’s 2.50 percent stake in the bank for SAR 253.1 million, Argaam reported.

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.

Related News

SAIB buys Mizuho’s full stake for SAR 253 mln

Join Us

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