Anghami expects to complete merger with special purpose vehicle Vistas Media soon

Monday 29 November 2021 | 09:39 CET | News
Lebanon's Anghami will not postpone its merger with special purpose vehicle Vistas Media Acquisition Company, in a potential USD 90 million deal, Al-Arabiya reported. It cited Anghami CEO Eddy Maroun as saying the agreement had suffered a delay due to the procedures of the Securities and Exchange Commission in the US, but it will still go ahead. The process is currently in its final stages, and the implementation will be announced very soon, he said.

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Categories: Internet / Mobile & Wireless
Companies: Anghami
Countries: Lebanon / United States
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