TAQA completes Air Liquide Arabia shares divestiture.
International Resource News-October 10, 2023--TAQA completes Air Liquide Arabia shares divestiture
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International Resource News - 10 October 2023
Saudi Arabia-based Industrialization and Energy Services Company (TAQA) has completed the sale of its share in Air Liquide Arabia Limited Company (ALAR), a company that deals with Over-the-Fence supply of industrial gases to major industries in Saudi Arabia .
The deal is valued at more than SAR600m.
Khalid Nouh, TAQA's chief executive officer, said, 'This transaction is in line with TAQA's strategy to rationalize our non-core portfolio and divest...
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