Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the ...
Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...
Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...
Saudi Arabia's sovereign wealth fund PIF plans to sell a 2% stake in Saudi telecoms operator STC through a private placement ...
Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday.
PIF sold 100 million of its shares in stc, representing 2% of the company’s issued share capital through accelerated ...
PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction ...
The share sale could raise as much as $1.1 billion for PIF based on STC's share price of 41.1 riyals ($10.94) at closing on ...
Saudi Arabia's sovereign wealth fund PIF has sold 2% of its stake in Saudi Telecom Company (STC) raising more than $1 billion ...
Goldman Sachs Saudi Arabia and SNB Capital, joint global coordinators and joint bookrunners for the Public Investment Fund ...
Saudi Arabia’s sovereign wealth fund PIF is selling an around 2 per cent stake in the country’s telecom group STC, the banks ...
In October, the International Monetary Fund lowered its GDP growth prediction for Saudi Arabia this year and next because of ...