Saudi Contractor’s Owners Seek Up To $800 Million in Riyadh IPO


The contractor’s owners are offering 240 million shares, representing a 30% stake, between 11 riyals and 12.5 riyals ($2.93 to $3.33) apiece, according to a statement on Sunday. At the top end of the range, MGC, as the company is known, would be valued at 10 billion riyals.



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