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21 Jan
19:36

Tenaris takes major shareholding in Saudi Steel Pipe

Saudi Steel Pipe Company (SSP) has announced that international pipemaker Tenaris has acquired a major shareholding in the company. This was subsequently followed by the resignation of SSP’s chairman and other board members, and the subsequent election of a new chairman and board member replacements. In a Saudi stock exchange posting on 21 January monitored by Kallanish, SSP announced that “… Tenaris Saudi Arabia Co. Ltd has successfully …
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