Arkan Building Materials Company (ARKAN) PJSC (ADX:ARKAN) agreed to acquire Emirates Steel Industries from Senaat General Holding Corporation for approximately AED7.5 billion on October 4, 2021. Arkan Building Materials issued 5.1 billion new shares as consideration. All regulatory approvals received.
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1.39 AED | 0.00% | -2.80% | -0.71% |
08/05 | UAE-based Emsteel Building Materials Reports Lower Q1 Profit, Revenue | MT |
06/03 | Emsteel Building Materials Posts Higher FY23 Profit; Revenue Down | MT |
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+26.08% | 19.94B | |
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+5.90% | 7.04B | |
+16.64% | 4.37B |
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- News Arkan Building Materials Company (ARKAN)
- Arkan Building Materials Company PJSC agred to acquire Emirates Steel Industries from Senaat General Holding Corporation for approximately AED7.5 billion.