Brief: Dar Global Enters Into Agreements To Invest In Two Development Land Sites In Saudi
17/03/2025 11:12
March 17 (Reuters) - DAR GLOBAL DARD.L: DAR GLOBAL ENTERED INTO AGREEMENTS TO INVEST IN TWO STRATEGIC DEVELOPMENT LAND SITES IN JEDDAH AND RIYADH ACQUISITIONS ARE VALUED AT $390 MILLION AND INCLUDE FULLY DEVELOPED PLOTS ACQUISITION CONSIDERATION WILL BE SETTLED FROM EITHER CASH GENERATED FROM SALE OF SCHEMES OR ISSUANCE OF DAR GLOBAL SHARES Further company coverage: DARD.L ((Reuters.Briefs@thomsonreuters.com;))