Riyadh – Mubasher: Saudi Vitrified Clay Pipe has agreed with the shareholders of Arabian Company for Water Pipe Industry (Acwa Pipe) to extend the ongoing stake agreement for 32 more days ending on 7 November.

This steps will give the company enough time to complete the sale deal procedures, according to a bourse statement issued Thursday.

Vitrified Clay Pipe will later announce any financial impact or any developments.