Saudi construction giant Binladin Group denied Saturday any state takeover after its chairman was detained, but said some shares may have been transferred to the government. The firm, which has been forced to lay off tens of thousands of workers due to financial problems, said it remained a private shareholding company and was undergoing restructuring. International media this week reported Saudi Arabia's government had taken over the firm after chairman Bakr bin Laden was detained.
from Yahoo News - Latest News & Headlines https://yhoo.it/2mA8W0z
via Yahoo News
Post a Comment