Hedge Funds & Alternative Investments
Uncategorized
PIF announces sale of 100mln shares in stc
PIF sold 100 million of its shares in stc, representing 2% of the company’s issued share capital through accelerated bookbuild offering to local and international institutional investors: Post-sale, PIF will own 62% of the company’s issued share capital The offering size was SAR 3.86 billion ($1.03 billion), making it the…
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Source: PIF