SAMI acquires 10% stake in Al-Salam Aerospace from Saudi Advanced Industries

Saudi Advanced Industries sold its entire 10% stake in Al-Salam Aerospace Industries to Saudi Arabian Military Industries (SAMI) for a book value of $5.2 million.

“Saudi Advanced Industries has announced the signing of an agreement to sell its entire 10% stake of Al-Salam Aerospace Industries to Saudi Arabian Military Industries (SAMI).”naval-technology.com

• 1 source
• naval-technology.comSignal: Saudi Advanced Industries sells Al-Salam Aerospace stake - Naval TechnologyRichard ThomasDec 20, 2023

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