Al Jazeira Services rejects acquisition offer

Mubasher: Al Jazeira Services said its board rejected an offer to purchase its 36.99% stake in Al Anwar Ceramic Tiles Co. at OMR 0.300 per share.

The total value of the offer reaches OMR 32.87 million, the company said in a statement to Oman Bourse.

Al Jazeira added that the first offer was valued at OMR 0.375 a share, totalling OMR 41.08 million.

Mubasher Contribution Time: 29-Nov-2015 07:05 (GMT)