Saudi Healthcare Firm Almoosa’s IPO Draws $46 Billion in Orders
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Saudi Arabia’s Almoosa drew 173 billion riyal ($46 billion) worth of orders from institutional investors for its $450 million initial public offering in the kingdom, in a sign of continued interest in Middle Eastern listings.
The healthcare provider announced a final price range of 127 riyals per share, the top of a marketed range, it said in an announcement on Tuesday.