Saudi Public Pension Agency to merge with GOSI.

Synopsis

Saudi Public Pension Agency, a pension agency firm, agreed to merge with GOSI, a Saudi Arabian government agency. Financial terms were not disclosed. The merger process will not affect the mechanism and dates of disbursement of insurance benefits to insurance or pensions clients, nor the progress of operations or transactions, the two institutions confirmed.

Principals

target

General Organization For Social Insurance

bidder

Saudi Public Pension Agency

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Market Context

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Seller Team (1)

ahmed bin sulaiman al rajhi

GENERAL ORGANIZATION FOR SOCIAL INSURANCE

Manager

target

Deals

£ 3.67 B

Total Value

Bidder Team (1)

mohammed bin talal al-nahhas

Governor at SAUDI PUBLIC PENSION AGENCY

Manager

bidder

Deal

n/a

Total Value

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