Saudi Telecom Company (SASE:7010) is offering to sell a 20% equity stake in its subsidiary Arabian Internet and Communications Services Co. Ltd. (solutions by STC), the leading ICT services provider in Saudi Arabia, through an initial public offering (IPO), media sources reported. The final offer price of the shares will be determined at the end of the book-building period.
Arabian Internet and Communication Services Company
Equities
7202
SA15CIBJGH12
IT Services & Consulting
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Apr. 21 | Batic Investments Unit Secures 10-year Deal for Smart Public Parking in Saudi Arabia | MT |
Apr. 16 | Arabian Internet and Communications Services to Renew VMware Licenses for Saudi Telecom | MT |
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- Saudi Telecom Company Reportedly Offering to Sell 20% Share Equity Stake in Solutions by STC