‎MEPCO signs SPA to acquire Al-Medan Project for SAR91 million, issue new shares

Middle East Paper Manufacturing and Production Co. (MEPCO) announced today, March 27, that it has signed a share purchase agreement (SPA) to acquire the entire stake of the sellers in Al-Medan Project Company for Corrugated Carton (MPCCC).

The transaction included 1,000 ordinary shares, representing the entire capital of MPCCC, for a total consideration of SAR 91 million, with MEPCO issuing shares to the sellers as part of the deal.

Middle East Paper Manufacturing and Production Co. (MEPCO) announced today, March 27, that it has signed a share purchase agreement (SPA) to acquire the entire stake of the sellers in Al-Medan Project Company for Corrugated Carton (MPCCC).

The transaction included 1,000 ordinary shares, representing the entire capital of MPCCC, for a total consideration of SAR 91 million, with MEPCO issuing shares to the sellers as part of the deal.