Saudi wealth fund PIF to sell further stake in STC
Saudi Arabia's sovereign wealth fund PIF has sold 2% of its stake in Saudi Telecom Company (STC) raising more than $1 ...
through the sale of a 2 percent stake in Saudi Telecom Company (stc). The sale, which involved 100 million shares priced at ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
Saudi Telecom’s shares closed at Sr40.20 on Thursday, 4.1% up from Wednesday’s offer price. Before the sale, PIF held a ...
PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction ...
today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering comprised 100 million shares, representing ...
A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on ...
has executed a notable transaction by divesting over $1 billion worth of shares in the Saudi Telecom Company (STC). This decision aligns with the PIF’s strategy to rebalance its investment portfolio ...
Most stock markets in the Gulf edged higher in early trade on Thursday as investors assessed the monetary policy ...
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback