Since 1975
  • facebook
  • twitter
  • Home
  • Business
  • Saudi stock market exchange Tadawul seeks to raise up to $1b from IPO

Saudi stock market exchange Tadawul seeks to raise up to $1b from IPO

Short Url:
21 Nov 2021 11:11:12 GMT9
21 Nov 2021 11:11:12 GMT9

Arab News

RIYADH: Saudi Arabia’s stock exchange, Tadawul, seeks to raise up to SR3.8 billion ($1 billion) from its public shares sale after setting the price range per share between SR95 and SR105.

Tadawul appointed SNB Capital as the lead manager, financial advisor, book-runner, Global Coordinator and underwriter for the initial public offering, while J.P. Morgan Saudi Arabia, and Citigroup Saudi Arabia were appointed as financial advisors, book-runners, global coordinators and underwriters on the offering of 36 million shares of Saudi Tadawul Group Holding Co., it said in a filing today.

topics
Most Popular
Recommended

return to top