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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: Wright Reports

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ACICO Industries Co KSCC Acquires Additional 55% Stake in Aerated Concrete Industries Co

Tuesday, 16 Apr 2013 02:17am EDT 

ACICO Industries Co KSCC (ACICO) announced that it has acquired an additional 55% stakes in Saudi Arabia-based Aerated Concrete Industries Co’s share capital. As a result of this acquisition, ACICO’s total stake in Aerated Concrete Industries Co’s share capital increased to 99.5%. Financial terms of the transaction were not disclosed. 

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