April 26, 2018 / 12:14 PM / in a month

BRIEF-Saudi's Walaa Signs MoU To Study Merger With Al-Sagr Cooperative

April 26 (Reuters) - WALAA COOPERATIVE INSURANCE COMPANY :

* SIGNS MOU TO STUDY MERGER WITH AL-SAGR COOPERATIVE INSURANCE COMPANY

* WALAA COOPERATIVE INSURANCE SAYS MOU TO CONDUCT TECHNICAL, FINANCIAL AND LEGAL DUE DILIGENCE AND CONTINUE NON-BINDING DISCUSSIONS ON TERMS AND CONDITIONS OF PROPOSED MERGER

* MOU ENDS WHEN TWO COMPANIES SIGN MERGER AGREEMENT OR AFTER SIX MONTHS FROM DATE OF MOU Source text for Eikon: Further company coverage:

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