Saudi Arabia’s BinDawood Holding prices IPO

Saudi Arabian supermarket retailer BinDawood Holding has priced its initial public offering at SR96 ($25.59) a share. The retailer, which owns the Danube and BinDawood supermarket brands, said the book-building process generated an order book of SR106.9 billion. Subscriptions came from public and private funds and discretionary portfolios, non-Saudi investors…