Al Babtain to consolidate financials with France unit in Q1-2015

19/03/2015 Argaam
 
Al Babtain Power and Telecommunication Company, a Saudi Arabian manufacturer of steel telecom structures and galvanizing services provider , said it will consolidate its financial statements with Al Babtain France during first quarter.
 
Al Babtain Power announced earlier obtaining the approval of French regulators to restructure its France-based unit.
 
The company’s plan includes downsizing its employees, according to data compiled by Argaam. 

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