‎Red Sea subsidiary inks SAR 14M deal to sell Premier Paint stake

‎Red Sea subsidiary inks SAR 14M deal to sell Premier Paint stake ‎Red Sea subsidiary inks SAR 14M deal to sell Premier Paint stake

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Logo ofRed Sea International Co.

Red Sea International Co.’s subsidiary,Red Sea for Building Materials and Equipments Trading Co.,signed an agreement to sell its entire 81% stake inPremier Paint Co.The initial value of the deal is estimated at SAR 14.01 million, Red Sea International said in a statement to Tadawul.

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Logo ofRed Sea International Co.

Red Sea International Co.’s subsidiary,Red Sea for Building Materials and Equipments Trading Co.,signed an agreement to sell its entire 81% stake inPremier Paint Co.The initial value of the deal is estimated at SAR 14.01 million, Red Sea International said in a statement to Tadawul.

For More Mergers and Acquisitions

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