BRIEF-Rawasi Albina Investment Signs MoU To Buy 50% Economic Value Of Al-Amlaq Al-Hadidiyah

RAWASI

RAWASI

9547.SA

0.00

July 2 (Reuters) - RAWASI ALBINA INVESTMENT CO SJSC 9547.SE:

  • RAWASI ALBINA INVESTMENT - SIGNS NON-BINDING MOU TO BUY 50% ECONOMIC VALUE OF AL-AMLAQ AL-HADIDIYAH

  • RAWASI ALBINA INVESTMENT - DEAL IS EXPECTED TO ENHANCE INTEGRATION BETWEEN OPERATIONS AND THE TRADING OF STEEL PRODUCTS

  • RAWASI ALBINA INVESTMENT - FINAL TRANSACTION VALUE WILL BE DETERMINED UPON COMPLETION OF THE FINANCIAL VALUATION

  • RAWASI - FINAL TRANSACTION VALUE WILL BE DETERMINED UPON COMPLETION OF FINANCIAL VALUATION, FINANCIAL, LEGAL, TECHNICAL DUE DILIGENCE,

  • RAWASI ALBINA INVESTMENT - MOU DURATION SIX MONTHS

Source text: ID:nSSE2ZmFNV

Further company coverage: 9547.SE


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