Ma'aden to acquire Sabic's 20.62% stake in Aluminium Bahrain

Saudi Arabian Mining Company (Ma'aden) will acquire Saudi Basic Industries Corporation's (Sabic) 20.62% stake in Aluminium Bahrain (Alba) for SAR 3.6-4 billion ($960 million-$1.07 billion). The deal is subject to regulatory approvals.

“Ma'aden will become the second-largest shareholder in Alba, holding a 20.62 percent stake on completion of the deal.”agbi.com

• 1 source
• agbi.comMa’aden to acquire Sabic’s stake in Bahrain’s Alba | AGBIPramod KumarSep 18, 2024

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