Saudi Arabia to Consider Sale of Stake in Riyadh Airport - Bloomberg

Saudi Arabia to Consider Sale of Stake in Riyadh Airport - Bloomberg:

"Saudi Arabia is considering a plan to sell a stake in Riyadh airport, three people with knowledge of the matter said, as it embarks on a plan to raise billions of dollars through privatizations. Saudi Civil Aviation Holding Co. has asked local and international investment banks to pitch for the role of adviser on the sale of a significant minority stake in King Khalid International Airport, the people said, asking not to be identified because the information is private. An adviser could be appointed before the end of July and the government wants the sale to be completed by early next year, the people said."



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