‎United Mining major shareholders sign SAR 504.5M deal to sell stakes

United Mining Industries Co. received notices on Jan. 21 from the company’s major shareholders, who collectively own 63.2% of its share capital.

The notices concerned the signing of a share sale and purchase agreement with Knauf International GmbH to sell all of their shares in the company—representing 63.2% of the company’s share capital—to the buyer.

United Mining Industries Co. received notices on Jan. 21 from the company’s major shareholders, who collectively own 63.2% of its share capital.

The notices concerned the signing of a share sale and purchase agreement with Knauf International GmbH to sell all of their shares in the company—representing 63.2% of the company’s share capital—to the buyer.