Ma’aden Signs Deal For New Shares In Aluminium Bahrain (Alba)

T-Reuters

2024-09-16

SAUDI ARABIAN MINING COMPANY SJSC <1211.SE>:Signs Non-Binding Heads Of Terms With Aluminium Bahrain B.S.C.Deal For Subscription Of New Shares In Alba By Maaden.Ma'Aden Making An In-Kind Contribution Of Entire Share Capital Of Two Of Its Subsidiaries, Ma'Aden Aluminium Company (Mac) And Ma'Aden Bauxite And Alumina Company (Mbac), Along With Contractual Rights Concerning Marketing And Sale Of Products Produced By Mac, To Alba.In Exchange, Alba Would Issue New Shares To Be Allotted To Ma'Aden.Alba And Ma'Aden Also Discuss Potential Transaction Structure For Implementing Their Proposed Business Combination And Potential Cross-Listing Of Alba On Saudi Exchange.Ma’Aden-Appoints Merrill Lynch Kingdom Of Saudi Arabia As Financial Advisor For Proposed Transaction.Alba Appoints Moelis & Company Uk Llp (Difc Branch) As A Financial Advisor For Proposed Transaction.

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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMa’aden Signs Deal For New Shares In Aluminium Bahrain (Alba)\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2024-09-16 21:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>SAUDI ARABIAN MINING COMPANY SJSC <1211.SE>:Signs Non-Binding Heads Of Terms With Aluminium Bahrain B.S.C.Deal For Subscription Of New Shares In Alba By Maaden.Ma'Aden Making An In-Kind Contribution Of Entire Share Capital Of Two Of Its Subsidiaries, Ma'Aden Aluminium Company (Mac) And Ma'Aden Bauxite And Alumina Company (Mbac), Along With Contractual Rights Concerning Marketing And Sale Of Products Produced By Mac, To Alba.In Exchange, Alba Would 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