Arqaam Capital is pleased to have advised Welspun World on the successful execution of the sale of a 4.6% stake in East Pipes Integrated Company
Arqaam Capital is pleased to have advised Welspun World on the successful execution of the sale of a 4.6% stake in East Pipes Integrated Company, a company listed on the Saudi Tadawul Group stock exchange, representing approximately SAR 284 million.
The transaction was completed through an off-market negotiated deal with institutional investors, reflecting continued investor appetite for high-quality Saudi industrial companies. The sale broadens East Pipes’ shareholder base, enhances trading liquidity, and demonstrates the growing depth of the Kingdom’s capital markets.
We are grateful to Welspun for entrusting Arqaam with this important transaction and look forward to supporting future capital markets initiatives across the region.