Saudi Arabia-based hospitality companies said if they reach an agreement, the potential merger will be subject to conditions and approvals of the regulators and shareholders. Getty
Saudi Arabia-based hospitality companies said if they reach an agreement, the potential merger will be subject to conditions and approvals of the regulators and shareholders. Getty

Markets

Saudi Arabia's Dur Hospitality and Taiba Investment enter into $2.4bn merger talks

Preliminary discussions may not lead to a deal, the companies say

Deena Kamel
Deena Kamel

June 13, 2021