Saudi Arabia's PIF to sell 2% stake in STC

Saudi Fund’s $1 Billion Deal Boosts Burgeoning Mideast Selldowns
A $1 billion stake sale in Saudi Arabia’s largest mobile phone operator is the latest sign that the market for follow-on equity offerings is picking up in the Middle East.The Public Investment Fund’s sale of a 2% stake in Saudi Telecom Co.
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
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.
Saudi Arabia's PIF to sell 2% stake in STC in estimated $1bn deal
Saudi Arabia’s Public Investment Fund is selling 2 per cent of its stake, or 100 million shares, in Saudi Telecom Company, the kingdom's biggest mobile operator, according to a regulatory filing with the Tadawul stock exchange.
Saudi Fund to Sell Stake Worth About $1 Billion in Telecom Firm
Saudi Arabia’s sovereign wealth fund is selling part of its stake in the kingdom’s main mobile-phone operator as it tries to raise cash for the government’s trillion-dollar economic transformation plan.
Saudi Arabia's wealth fund PIF to sell 2% stake in STC in potential $1.1 bln deal
Saudi Arabia's sovereign wealth fund PIF is selling an around 2% stake in the country's telecom group STC , the banks running the deal said on Wednesday, in a deal that could raise as much as $1.1 billion.
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Saudi Arabia's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.
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Saudi Arabia’s Public Investment Fund sold $1bn of shares in Saudi Telecom in an accelerated bookbuild on ...