Saudi Telecom's tech unit aims to raise up to $960 million in IPO - NewsBreak

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By Vikash in Business
Updated 3 years ago

Arabian Internet & Communications Services Co., a Saudi Telecom subsidiary engaged in IT Counselling and system Integration Services Sector, had been exploring an option to raise as many as $960 million or 3.6 billion Saudi Riyals at a planned public market floatation, the unit of Saudi Telecom also dubbed as STC, said in a regulatory filing on Sunday.

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