Since the introduction by the Capital Market Authority (the "CMA") of the Kingdom of Saudi Arabia (the "Kingdom") of the amended Merger and Acquisition Regulations (the "M&A Regulations") there has been a distinct increase in market activity, indicating that public M&A transactions will continue to drive deal flow in the Kingdom.
This note, updated in August 2019, provides a high-level
overview of the current regulatory regime of the Kingdom governing
public M&A transactions, and how certain of the M&A
Regulations are tending to be applied in practice.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.