{"id":450950,"date":"2021-11-22T08:42:55","date_gmt":"2021-11-22T03:12:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=450950"},"modified":"2021-11-22T09:24:36","modified_gmt":"2021-11-22T03:54:36","slug":"saudi-stock-exchange-seeks-to-raise-up-to-1-billion-via-initial-offering","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-stock-exchange-seeks-to-raise-up-to-1-billion-via-initial-offering\/","title":{"rendered":"Saudi stock exchange seeks to raise up to $1 billion via initial offering"},"content":{"rendered":"<p>Saudi Arabia is keeping the home fires burning for regional public offerings, readying what could be the biggest sale of shares by a stock-exchange operator since Euronext NV.<\/p>\n<p>Saudi Tadawul Group Holding is seeking to raise as much as $1 billion after setting the price range for an initial public offering at 95 riyals ($25.32) to 105 riyals per share, the company said on Sunday. <\/p>\n<p>The Riyadh-based bourse, on which oil giant Saudi Aramco trades, plans to sell a 30 per cent stake, or 36 million shares. <\/p>\n<p>The offering comes amid an IPO boom, with companies around the world raising a record of more than $600 billion this year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia is keeping the home fires burning for regional public offerings, readying what could be the biggest sale of shares by a stock-exchange operator since Euronext NV. Saudi Tadawul Group Holding is seeking to raise as much as $1 billion after setting the price range for an initial public offering at 95 riyals ($25.32) to 105 riyals per share, the company said on Sunday. The Riyadh-based bourse, on which oil giant Saudi Aramco trades, plans to sell a 30 per cent stake, or 36 million shares. The offering comes amid an IPO boom, with companies around the world raising [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-450950","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=450950"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450950\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=450950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=450950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=450950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}