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Saudi British Bank sells stake in Wataniya Insurance for $21.3mln
Saudi British Bank (SABB) has sold its entire stake in Wataniya Insurance Co. to Private Wealth Investment Holding Co. for 80 million riyals ($21.3 million). The agreement was signed on December 22, 2021. The sale comprises four million ordinary shares, representing 20 percent of Wataniya's share capital, the bank said…
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