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Kanoo plans to buy remaining United Mining shares

Kanoo plans to buy remaining United Mining shares

United Industries Mining Company announced that Knauf has confirmed its intention to submit an offer to acquire 100% of United Mining Company's shares, after previously acquiring a 63.2% stake in the company valued at 504.5 million riyals. This move is part of strategic acquisition plans and the culmination of merger and expansion efforts in the mining sector.

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