Saudi Arabia’s Al Othaim Family Said to Plan IPO for Malls Unit
- GIB Capital is advising on sale that may happen in the 1H 2021
- As many as 10 Saudi companies are planning local share sales
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Saudi Arabia’s Al Othaim family plans to sell shares in its malls business in a deal that could value the company at between $1.5 billion and $2 billion, according to people familiar with the matter.