The Saudi Capital Market Authority approved the proposed timetable and publication of Knauf International GmbH’s offer document for its bid to acquire all shares in United Mining Industries Company. The document must provide shareholders with the offer information, risk factors and other relevant information needed to make an informed decision. The approval confirms only that the application meets the legal requirements under the Capital Market Law and its implementing regulations. It does not constitute an endorsement of the acquisition’s feasibility, and shareholders are advised to review the offer document carefully and consult an authorized financial adviser if needed.
2026-09-21Saudi Arabia Capital Markets Authority
Saudi Capital Market Authority approves timetable and offer document for Knauf bid for United Mining Industries
The Saudi Capital Market Authority approved the timetable and offer document for Knauf International GmbH’s bid to acquire all shares in United Mining Industries Company. The approval confirms compliance with applicable legal requirements and does not endorse the acquisition’s feasibility.