Announcement
03 Sep 2023
On 3 September 2023, the Saudi Public Investment Fund (PIF) announced the acquisition of the Saudi Iron & Steel Company and Rajhi Steel for an amount of USD 3.3 billion.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Sep 2023
Revocation date:
No revocation date
Updated: 03 Sep 2023
Equity stake
In force
On 3 September 2023, the Public Investment Fund (PIF) announced the acquisition of the Saudi Iron & Steel Company (Hadeed) from the Saudi Basic Industries Corporation (SABIC). The share purchase a...
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