Bahrain Aluminum Company (Alba) has worked with Saudi Arabia Mining Company (Ma’aden) Jointly agreed to conclude the discussion of merging Alba with Ma’aden Aluminum strategic business unit according to the strategies and conditions of the respective companies, Alba CEO Ali Al Baqali stressed that there was no controversy involved.
Under this merger agreement. The Saudi Mining Company will sell Ma’aden Aluminum Company and its two aluminum divisions to Alba. In exchange for a partial stake in Alba, potentially creating a global aluminum giant.
Post time: Jan-16-2025