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Bahrain: ASAR Advises Ma’aden on BHD 363 Million Acquisition on Bahrain Bourse

26 February 2025 by ASAR - Al Ruwayeh & Partners - Bahrain

ASAR acted as Bahrain legal counsel to Ma’aden in its acquisition of 292.8 million shares in Aluminium Bahrain (ALBA) from SABIC Industrial Investment Company. The transaction, valued at BHD 363 million, was executed via block sale on Bahrain Bourse and represents 20.62% of ALBA’s share capital.