Qassim Cement Company seeks to acquire Hail Cement Company outright

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Saudi Arabia: Qassim Cement Company has informed investors of its intention to acquire Hail Cement Company outright via a submission on the Saudi Exchange. As part of its offer, Qassim Cement Company plans to increase its own share capital by 23%, in order to issue some of it to Hail Cement Company’s shareholders.

Last modified on 24 January 2024

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