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Natwest Markets, Banco Santander sell Saudi British Bank shares -term sheet

Natwest Markets and Banco Santander are selling around 25 million shares in Saudi British Bank (SABB), or about 1.25% of the company, according to a term sheet seen by Reuters. SABB last traded at 26.85 riyals on Wednesday, valuing the shares at 670 million Saudi riyals ($178.64 million). The shares…

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