Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the publication of the offer document and timeline by Knauf International GmbH regarding its bid to acquire 100% of the shares of United Mining Industries Company.
The regulatory approval, granted on 21 September 2026, facilitates the formal takeover process for the Tadawul-listed entity.
The offer document is required to contain all essential data and risk factors necessary for shareholders to evaluate the transaction before voting.
The CMA emphasized that its approval signifies compliance with the Capital Market Law and its executive regulations rather than an endorsement of the deal's commercial feasibility.
Shareholders are advised to review the document thoroughly or consult a licensed financial advisor if they are unable to assess the risks and contents independently.
This step follows the regulatory review of the mandatory disclosures required for such acquisition proceedings in the Saudi market.
