BRIEF-Saudi Arabia Refineries Unit Buys 85% Stake In Advanced Industrial Supplies

SARCO

SARCO

2030.SA

0.00

July 23 (Reuters) - SAUDI ARABIAN REFINERIES 2030.SE:

  • MASAFI VENTURES BUYS 85% STAKE IN ADVANCED INDUSTRIAL SUPPLIES COMPANY

  • TRANSACTION AMOUNT SAR 12 MILLION

  • DEAL SUPPORTS STRATEGIC OBJECTIVES OF MASAFI VENTURES

  • DEAL IS EXPECTED TO HAVE A POSITIVE IMPACT ON FINANCIAL STATEMENTS OF SARCO BY END OF Q4 OF 2026

Source text: ID:nSSE5Fq5KQ

Further company coverage: 2030.SE


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