Mobile Telecommunications Co. received a third offer to acquire its 25 percent stake in Zain Saudi Arabia, Al-Qabas reported today, citing a Zain Group official.
The third offer was made by a Saudi consortium led by an investment firm called Riyadh Group, according to the newspaper.
Kingdom Holding Co. and Bahrain Telecommunications Co. have both made offers to acquire Mobile Telecommunications’ stake in Zain Saudi Arabia.
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