Bahri increases stake in Petredec Group to 40.08%

31/10/2023 Argaam
A Bahrivessel

A Bahri vessel

National Shipping Company of Saudi Arabia (Bahri) stated that its 30.03%-owned Petredec Group acquired a 24.39% stake from one of the partners, raising Bahri's stake to 40.08%.

 

Petredec will pay the deal's value from its available cash, the shipping major said in a statement to Tadawul. 

 

Petredec is a global in the gas transportation field. 

 

Bahri started investing in Petredec in 2015, achieving impressive results, the statement added. 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.