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Saudi Alhokair Close to Hiring Morgan Stanley, BofA for Mall IPO
Saudi Arabia’s Fawaz Alhokair Group is close to hiring banks including Morgan Stanley and Bank of America Corp. to manage the initial public offering its Arabian Centres malls unit. The company is also set to work with Samba Financial Group on the sale, Muhanad Awad, chief executive officer of FAS…
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Click here to read the full story: Bloomberg