Business & Finance
Saudi Tech Firm NourNet Is Said to Pick Goldman, HSBC for IPO
Key Points
Deals Saudi Tech Firm NourNet Is Said to Pick Goldman, HSBC for IPO Saudi Arabia’s NourNet is working with Goldman Sachs Group Inc. and HSBC Holdings Plc on a potential initial public offering, according to people familiar with the matter, adding to a pipeline of Gulf listings despite the regional conflict. The digital services provider’s share sale in Riyadh could come as early as this year, the people said, asking not to be identified because the information is private. No final decisions...
Deals
Saudi Tech Firm NourNet Is Said to Pick Goldman, HSBC for IPO
Saudi Arabia’s NourNet is working with Goldman Sachs Group Inc. and HSBC Holdings Plc on a potential initial public offering, according to people familiar with the matter, adding to a pipeline of Gulf listings despite the regional conflict.
The digital services provider’s share sale in Riyadh could come as early as this year, the people said, asking not to be identified because the information is private. No final decisions have been made, and details including the size and timing of the offering remain under discussion.
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Saudi Stock Exchange