The skill for human resources has signed the sale and purchase agreement to acquire 90% in Spectra Support Services.
According to Arab Net, she said in a statement that it was waiting for the completion of the implementation of the preconditions for closing the agreed deal, on 30 June 2021.
After implementing the prior terms of the closure, which included the approval of the General Assembly of Human Resources Skill, and it agreed that the execution of prior terms begin from the date of signing of the sale and purchase agreement and expires on 30 June 2021. If the preceding conditions were not implemented before that date, it would be either Agree on an additional period or stop acquisition.
She noted that the costs associated with the event include the costs of financial and legal examination of the ignorance, and there is no substantial change in these costs.
Human Resources Company announced in December 2021, signing a non-binded memorandum of understanding to acquire a majority stake in Spectra Support Services, a Saudi company with a limited responsibility.
According to a previous statement, the acquisition process is compatible with its strategy to transition to an integrated human resources company and its expansion plans, expected to achieve this potential acquisition valuable to the company and its shareholders.
He added a skill that he appointed KPMG Fozan & Partners as a financial advisor, and the terms of the memo included the completion of the navigating examination of the legal and financial essential and obtaining the necessary approvals.
Atyaf Support Services in providing maintenance, employment, hygiene and other support services in Saudi Arabia, cites its website.
