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The Manufacturing Company announced that it has satisfied the primary condition required to complete the sale of its shares in Al Ruwad Industrial Transformation Company to Transform Holding Company, after receiving the approval of the General Authority for Competition for the transaction. The deal is valued at a total of up to 700 million Saudi Riyals. This approval is a crucial step to ensure the completion of the remaining legal and regulatory procedures necessary for the final transfer of ownership. The company notes that this does not change the costs or the underlying reasons for the project, and that the parties will continue to work together to fulfill the remaining necessary conditions to finalize the deal.
تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
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