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News Qassim Cement Company seeks to acquire Hail Cement Company outright

Qassim Cement Company seeks to acquire Hail Cement Company outright

Written by Global Cement staff 18 January 2024
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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
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Hail Cement
  • Qassim
  • Acquisition
  • Shares
  • offer
  • GCW643

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