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National Industrialization Co. (Tasnee) has officially completed the sale of its entire equity stake in Al-Rowad Industrial Transformation Co. to Tahweel Holding. The transaction closed with a final total consideration of SAR 683.979 million, following cash adjustments from the initial SAR 700 million enterprise valuation. All regulatory approvals, including non-objection clearance from Saudi Arabia's General Authority for Competition (GAC), have been met.
