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The merger of Saudi-listed Walaa Cooperative Insurance company (Walaa Insurance Company) with MetLife AIG ANB Cooperative Insurance Company (MetLife AIG ANB”) has been completed, Walaa Insurance said in a statement on Tadawul.
Shares of MetLife AIG ANB have also been delisted in Tadawul on 02/03/2020, ahead of the completed merger.
Earlier in January this year, shareholders of MetLife AIG ANB approved the proposed merger offer by Walaa Cooperative Insurance Company.
(Writing by Nada Al Rifai nada.rifai@refinitiv.com Editing by Seban Scaria)
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