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

Saudi PIF to Sell $1 Billion Stake in Telecom Firm in Cash Quest
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 PIF to sell further stake in stc in potential $1.1bn deal
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 offering.
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
DUBAI, Nov 14 (Reuters) - Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC (7010.SE), opens new tab at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday. The sale will ...
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 wealth fund PIF to sell further stake in STC in potential $1.1bln deal
DUBAI - Saudi Arabia's sovereign wealth fund PIF has hired Goldman Sachs and Saudi National Bank to sell around a 2% stake in the country's telecom group STC in a deal that could raise up to $1.1 billion, according to a statement from the banks.
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.
Saudi Arabia's PIF Further Reduces Its Stake In Nintendo
Saudi Arabia's Public Investment Fund has reduced its stake in Nintendo for the second time in as many months.
Saudi Arabia's PIF to sell 2% stake in STC in potential US$1.1 billion deal
Saudi Arabia’s sovereign wealth fund PIF is selling an around 2 per cent stake in the country’s telecom group STC, the banks running the deal said on Wednesday (Nov 13), in a deal that could raise as much as US$1.
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Saudi wealth fund PIF sells stake in STC for more than $1bln
Saudi Arabia's sovereign wealth fund PIF has sold 2% of its stake in Saudi Telecom Company (STC) raising more than $1 ...
Trump victory 'clears the way' for PGA Tour-PIF deal, Rory McIlroy says
Rory McIlroy said Wednesday that Donald Trump's election victory could "clear the way" for a deal between the PGA Tour and ...
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Tadawul clarifies accelerated mechanism for PIF’s partial stake sale in stc
The Saudi Exchange (Tadawul) issued a clarification about the accelerated bookbuild offering to sell part of the Public ...
Middle East’s Top Broadcaster Jumps 10% as Saudi PIF Buys Stake
The Middle East’s biggest broadcaster surged as much as 10% in Saudi Arabia after the kingdom’s sovereign wealth fund agreed ...
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PIF and FIFA extend partnership at COP29
PIF Secretary General Baron Waqa, a former President of Nauru, extended a Memorandum of Understanding, first signed during ...
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DP World Tour’s ‘Good Health’ Outlook & Jay Monahan’s Silence Shrinks PGA Tour-PIF Merger Hopes
The post DP World Tour’s ‘Good Health’ Outlook & Jay Monahan’s Silence Shrinks PGA Tour-PIF Merger Hopes appeared first on ...
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PIF-backed ROSHN expands into multi-asset development
ROSHN Group, the multi-asset class developer backed by the Public Investment Fund (PIF), has revealed a new identity and direction aimed at broadening its scope beyond residential properties. With ...
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PIF Chair calls for stronger action at COP29
As the Pacific heads into COP29 in Azerbaijan, Pacific Islands Forum Chair and Prime Minister of Tonga, Hu’akavameiliku, says ...