Solidarity Bahrain B.S.C. (BAX:SOLID) signed a share purchase agreement to acquire Al Hilal Life B.S.C from Ahli United Bank B.S.C. (BAX:AUB) on October 16, 2023. Under the terms, consideration will be paid in cash. Completion is subject to approval of Central Bank of Bahrain.
Solidarity Bahrain B.S.C. (BAX:SOLID) completed the acquisition of Al Hilal Life B.S.C from Ahli United Bank B.S.C. (BAX:AUB) on December 7, 2023.