Thursday, Dec 13, 2012
BEIRUT (Zawya Dow Jones)--Jordan's Enjaz for Development and Multi Projects Co. (LIPO.AJ) said Thursday that it has acquired a 25% stake in Arab Towers Contracting Co., or Atcco, for 13.58 million Jordanian dinars ($19.1 million).
Atcco is a local construction contractor and the acquired stake consists of 8 million shares, the property developer said in a statement posted on the Amman bourse website.
Write to Shikrallah Nakhoul at shikrallah@zawya.com
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(END) Dow Jones Newswires
13-12-12 1218GMT
