BinDawood retail IPO oversubscribed by 1,396%

BinDawood retail IPO oversubscribed by 1,396%

BinDawood Holding Company, one of the leading grocery retail operators of hypermarkets and supermarkets in the Kingdom of Saudi Arabia, successfully completed the retail offering in relation to its Initial Public Offering (IPO) of shares. Its retail offering oversubscribed by 1,396%, according to NCB Capital, the lead manager of the offering; with Goldman Sachs Saudi...

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