Bahrain's Batelco considers dual listing | Reuters
Bahrain telecommunications company Batelco said on Sunday it had made a preliminary assessment of a dual listing, though that no decision on whether it would proceed had been taken.
The statement to Bahrain's bourse followed a Bloomberg June 17 report which cited sources it did not identify as saying the telco was considering a dual listing in Saudi Arabia.
The Bahrain bourse-listed company did not say where it was considering for its dual listing.
The Bahrain government owns nearly 56.97% of Batelco, including through shares held by sovereign wealth fund Mumtalakat, according Refinitiv data.
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