Saudi Stock Exchange
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia
The power manufacturer, which will certainly be 44% had by Saudi Arabia's sovereign wide range fund after the IPO, said it'll offer shares at 56 riyals ($14.93) each after institutional part of the offering finished.
It will certainly elevate $1.2 billion for ACWA as well as value the firm at $10.9 billion.
Oct 8, 2021 // Markets & Finance News, Saudi Arabia, IPO, Asia, ACWA Power, initial public offering, Saudi Stock Exchange
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