First Mills completes the acquisition of a stake in Al-Kinan Arabia Buying and selling Firm

First Mills Firm emblem


Firm introduced First mills Introduced the completion of the acquisition deal of 60% of the capital of Al-Kinan Arabian Buying and selling Firm (a one individual restricted legal responsibility firm), and the switch of possession of the complete stake to the corporate at a price of 48 million riyals.


The corporate mentioned in an announcement on Tadawul that this got here after fulfilling all of the phrases and circumstances agreed upon within the settlement and acquiring all needed regulatory approvals from the competent authorities.


In keeping with information numbersFinal September, First Mills Firm signed the binding acquisition settlement.


It’s noteworthy that Al-Kinan Arabian Buying and selling Firm works within the area of feed buying and selling and distribution.

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