2023-03-15 Huaxin Cement to acquire 60% stake in Oman Cement
Mar. 14, 2023 - China-based Huaxin Cement has concluded a share purchase agreement with Omani sovereign wealth fund Oman Investment Authority (OIA) for the acquisition of a 60% stake in Oman Cement. ASDQ Financial News has reported the value of the deal as US$193m. OIA director general of private ownership Ibrahi...
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