Al Hammadi ends talks to acquire stake in Sudair Pharma
Al Hammadi Company for Development and Investment memorandum of understanding (MoU) for the acquisition of an equity stake in Sudair Pharma has expired. The MoU will not be renewed due to failure to reach final agreement on some key terms. Al Hammadi had extended its MoU with Sudair Pharma until 31 Aug 2018.
Al Hammadi Company For Development and Investment : SAR29.15 as of 2 Sep. 2018, Rating: Buy, TP: SAR45.00/share, MCap: USD933mn, ALHAMMAD AB/4007.SE
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