Tuesday, 6 May 2025

‎“Bena” signs non-binding acquisition memorandum with ‎‎“Olderly” ‎

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Bena Steel Industries Company announced that it has signed a non-binding memorandum of understanding with Olderly Company to acquire 40% of Olderly Company’s share in its branch in the Kingdom of Saudi Arabia.

The company said that the duration of the memorandum is 6 months, and the financial impact will be determined after the completion of the final evaluation.

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