◂ Announcements

Jun 24, 2024ACQUISITIONSaudi Arabia

Yanbu Cement and Southern Province Cement explore merger

Yanbu Cement Company and Southern Province Cement Company signed a non-binding MoU to evaluate a merger, with due diligence and discussions to follow.

Status

Announced

Productscement

CompaniesYanbu Cement Company Southern Province Cement Company partner

Sectors#Construction Materials

“Yanbu Cement Company and Southern Province Cement Company announced on Sunday the signing of a non-binding Memorandum of Understanding to evaluate the feasibility of merging the two companies.”constructionweekonline.com

1 source
constructionweekonline.comSaudi: Yanbu Cement, Southern Province explore merger optionsMahnoor BariJun 24, 2024

Summarized from public sources; check the original articles before acting on it.

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