IHC RSC Ltd. agreed to acquire Shuaa Capital International Ltd. from SHUAA Capital PSC (DFM:SHUAA) on September 5, 2019. The consideration will be paid in cash. The transaction is subject to regulatory approvals. As of September 19, 2019, IHC Board approved the transaction. IHC RSC Ltd. cancelled the acquisition of Shuaa Capital International Ltd. from SHUAA Capital PSC (DFM:SHUAA) on November 19, 2019.