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Saudi Bank NCB’s $6bn IPO 23 Times Subscribed On Retail Side
The retail portion of the SAR22.5 billion initial share sale by Saudi Arabia’s National Commercial Bank was 23 times subscribed, the bank said on Wednesday, quoting the final results of the offer. A total of 1.25 million subscribers roughly one in every 16 Saudi citizens put up a total of…
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Click here to read the full story: Gulf Business