Logo of SABIC Agri-Nutrients Co.
SABIC Agri-Nutrients Co. announced completing the procedures to acquire 49% of ETG Inputs Holdco Ltd. as per the sales and purchase agreement (SPA), according to a Tadawul statement.
The relevant financial impact will appear during the second quarter of 2023.
The acquisition was financed from the company’s resources, the statement noted.
In December 2022, SABIC Agri-Nutrients stated that it is working on meeting the regulatory requirements to complete the acquisition of a 49% stake in ETG Inputs as per the SPA, according to data available with Argaam.
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