SEDCO Holding Becomes a Major Shareholder in “Budget Saudi” (United International Transportation Company)

Sedcobudget

SEDCO Holding (“SEDCO”), a leading Saudi investment company, announced completion the sale of its fully owned subsidiary Al-Jazeera Equipment Company Limited (AutoWorld) to United International Transportation Company (Budget Saudi), in exchange for a stake in Budget Saudi. The completion of this transaction saw Budget Saudi increasing its share capital from SAR 711.6 million to SAR […]

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