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Qassim Cement Gets Competition Regulator's Approval for Planned A-Mix Purchase

MT Newswires·10/07/2026 01:56:26
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01:56 AM EDT, 10/07/2026 (MT Newswires) -- Qassim Cement (SASE:3040) received a no-objection certificate from the General Authority for Competition regarding its planned acquisition of 100% of A-Mix Co., according to a Wednesday release. The antitrust watchdog approved the economic concentration, which will result from the Saudi Arabia-listed cement producer's merger with the ready-mix concrete manufacturer for 65 million Saudi riyals.