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Saudi publishing firm $295m IPO
- Saudi Arabia: Tuesday, March 21 - 2006 at 06:59
The Saudi Research & Marketing Group is is looking to raise approximately $295m through a float of 30% of its capital in initial public offering, reported Arab News. It will offer 4.8m shares at $61.34 per share. The IPO will open on 8 April and close on 17 April. Samba Financial group is manager and adviser.
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James McInerney, News EditorTuesday, March 21 - 2006 at 06:59 UAE local time (GMT+4)
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