UAE: The shareholders of RAK Cement have approved the conditional of the Newtec cement plant and Al-Banna quarry in Fujairah. The purchase was originally announced in late February 2019. It planned to buy the assets for around US$123m.
RAK Cement’s shareholders approve acquisition of Newtec cement plant and quarry
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://www.globalcement.com/news/item/9099-rak-cement-s-shareholders-approve-acquisition-of-newtec-cement-plant-and-quarry
© 2024 Pro Global Media Ltd. All rights reserved.