Samena to buy 30% of Ras Al Khaimah Ceramics

: Monday, June 16 - 2014 @ 11:12

Investment group Samena Capital announced it has completed a deal to acquire more than 30%of Ras Al Khaimah Ceramics from the firm’s founding shareholder, Arabian Business has reported. Under the terms of the transaction, Samena Capital will be represented on the board of RAK Ceramics, and the two companies will work together to use private equity strategies to unlock new growth opportunities, a statement said.

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Monday, June 16- 2014 @ 11:12 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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