Saudi Sovereign Wealth Fund Could Monetize Part of Saudi Telecom Holding

Posted on 06/22/2021

Saudi Arabia’s Public Investment Fund (PIF) is in talks to rebalance some of its holdings – one of those is Saudi Telecom Company. PIF hired banks from Saudi National Bank and Goldman Sachs to look at options, including selling some ownership in the telecom giant. PIF owns roughly 70% of Saudi Telecom, a stake that […]

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