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Al Jazeira Services rejects acquisition offer

Al Jazeira Services rejects acquisition offer
Photo Credit: Arabianeye-Reuters
Al Jazeira Services
AJSS
1.66% 0.18 0.00

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.