111 Days
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Al-Tasneea Advances Sale of Al-Rawad After Competition Authority Approval
The National Manufacturing Company announced that a key condition has been met to complete the sale of its stake in Al-Rawad Industrial Conversion Company to Turon Holding Company, following approval from the Competition Authority, which issued a no-objection decision. This approval is an important step toward completing the ownership transfer process, valued at 700 million SAR, with no changes to the costs or the purpose of the deal. The two parties continue to coordinate to fulfill the remaining legal and administrative requirements.
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