Saudi Tadawul Group Holding set the final price of its initial public offering at the top end of the range, giving the Riyadh-based bourse a valuation of 12.6 billion riyals ($3.4 billion).
Tadawul, as the exchange is known, set the price at 105 riyals per share after an institutional book-building process, according to a statement. The coverage ratio amounted to 121% of total shares on offer.
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November 28, 2021 at 10:56PM
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Saudi Stock Exchange Sets IPO Offer Price at Top End of Range - Bloomberg
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