Wednesday 5 February 2020

#Saudi Healthcare Firm Sulaiman Al Habib’s IPO to Start Next Week - Bloomberg

Saudi Healthcare Firm Sulaiman Al Habib’s IPO to Start Next Week - Bloomberg:

Dr. Sulaiman Al Habib Medical Group, one of Saudi Arabia’s largest private health-care operators, plans to start the sale of a 15% stake in an initial public offering next week.

The book-building process for the IPO will start on Feb. 10 and the shares will be priced on Feb. 20, according a document published in the company’s website. The company will offer 52.5 million shares.

The health-care operator didn’t disclose the pricing range for the shares.

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