UAE: RAK Cement has postponed its acquisition of Newtech cement and the Al banna quarry due to incomplete financing. It previously announced the purchase in late February 2019. It planned to buy the assets for around US$123m.
RAK Cement postpones acquisition of Newtech cement plant and quarry
URL: https://www.globalcement.com/news/item/9006-rak-cement-postpones-acquisition-of-newtech-cement-plant-and-quarry
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