Arkan and Emirates Steel merge to form UAE's biggest steel company
ADQ-backed Senaat now potentially own 87.5% of share capital of combined entity
ZAWYA - 06-Oct-2021
General Holding Corporation PJSC (SENAAT)
Also known as: Senaat Last updated on: 25 November 2020
fast facts
Country of IncorporationUAEEstablished In2004Primary SectorFinancial ServicesContact details
Primary address
Building: Tower 3Street: Corniche W Street
Floor: 41st Floor
Area: Etihad Towers Area
P.O. Box: 7063
Country: UAE
City: Abu Dhabi
Region
Abu DhabiCONTACT
- Email: info@senaat.co
- www.senaat.co
Related news
acquisition
MoreArkan shareholders vote in favour of strategic combination with Emirates Steel
Arkan shareholders approved the Board's proposal for the strategic combination of Arkan and Emirates Steel at a General Assembly
Press Release - 09-Aug-2021Arkan's Board of Directors approves Emirates Steel transaction
Arkan's Board recommends to shareholders an offer to acquire Emirates Steel from ADQ's Senaat
Press Release - 24-Jun-2021Arkan appoints independent valuer and legal advisors to review offer to form a strategic combination with Emirates Steel
The key terms of Senaat's offer are to transfer Emirates Steel to Arkan in consideration of the issuance by Arkan to Senaat of a convertible instrument
Press Release - 15-Jun-2021Agthia completes transaction with Al Foah to create Top 10 F&B company in the region
Agthia is now domestic champion in four essential F&B categories
Press Release - 07-Jan-2021Similar Companies
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