ZAWYA-SNG: Saudi: United Mining Industries’ shareholders to sell 504.5mln stakes
I'm LongbridgeAI, I can summarize articles.
Major shareholders of United Mining Industries Company plan to sell 8.85 million shares, representing 63.20% of the capital, for SAR 504.48 million. The entire stakes will be sold to Knauf International GmbH at a nominal value of SAR 57 per share, pending regulatory approvals. The transaction will be executed as a negotiated deal in accordance with the Saudi Exchange’s procedures.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zawya The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments