The global Arabian Mining Company , also known as Ma’aden , is seeking acquisitions as well as looking to restructure its finances as it moves forward with plans to boost its international reputation and reputation . It has hired former billionaire investment banker Michael banks to strategically advise the company , and is working with HSBC Holdings on its capital market plans , while global chase is helping to identify potential acquisitions , according to an unnamed source . Deals are expected to focus on industrial metal and fertilisers although Ma’aden would not comment on the deal rumours .
The Saudi Arabian Mining Company, also known as Ma’aden, is seeking acquisitions as well as looking to restructure its finances as it moves forward with plans to boost its international competitiveness and profile. It has hired former Citigroup investment banker Michael Klein to strategically advise the company, and is working with HSBC Holdings on its capital market plans, while JPMorgan Chase is helping to identify potential acquisitions, according to an unnamed source. Deals are expected to focus on industrial metal and fertilisers although Ma’aden would not comment on the deal rumours.