RIYADH: Astra Industrial Group’s Al Tanmiya Steel has sold its stake in its fully-owned Iraqi unit Al Anmaa for Construction Materials Production in a SR731 million ($195 million) deal. The transaction was concluded with Alghad Almutkamel for General Trading and Iron and Steel Metallic Industries on Apr. 24, upon completion of the preset conditions, according to a bourse
RIYADH: Saudi Astra Industrial group’s Al Tanmiya Steel will sell its entire stake in Al Anmaa for Construction Materials Production at a value of SR731 million ($195 million). The sales agreement was signed with Alghad Almutkamel for General Trading and Iron and Steel Metallic Industries on Feb. 7, according to a bourse statement. As per the deal, the Jordanian steel