Qassim Cement lists consideration shares on HCC acquisition

13/06/2024 Argaam
Logo of Qassim Cement Co.

Logo of Qassim Cement Co.


Qassim Cement Co. completed the procedure related to depositing consideration shares to Hail Cement Co.’s (HCC) shareholders and their listing as of today, June 13.

 

In a statement to Tadawul, Qassim Cement said it will later announce the deposit of the fractional share proceeds from the takeover of HCC to the latter’s shareholders, as set out in the offer document.

 

For more news and details on M&As

Comments {{getCommentCount()}}

Be the first to comment

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.