trending Market Intelligence /marketintelligence/en/news-insights/trending/I5XyZQdQLQLV7aYB53OcuA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: Saudi stock exchange poised to name IPO managers

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Report: Saudi stock exchange poised to name IPO managers

The Saudi Arabian stock exchange, or Tadawul, is expected tounveil as early as the week ending May 6 the final list of banks that will helpmanage its potential IPO in 2018, Bloomberg News said in a report updated May5.

A shortlist of banks includes Goldman Sachs Group, HSBC Holdings,JPMorgan Chase, Morgan Stanley, Gulf International Bank, National CommercialBank, Samba Financial Group and Saudi Fransi Capital, Bloomberg said, citing"people familiar with the matter."

The transaction is expected to raise more than $500 millionfor a 30% stake in Tadawul, two of the people said.