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Saudi Telecom s tech business locks in $966 million from IPO

Saudi Telecom Company has completed the retail and institutional subscription to the initial public offering of Arabian Internet and Communications Services Co, raising 3.624 billion Saudi riyals ($966.35 million), STC said on Wednesday.

Saudi Telecom : tech business locks in $966 million from IPO

UPDATE 1-Saudi Telecom s tech business locks in $966 million from IPO

Saudi Telecom Company has completed the retail and institutional subscription to the initial public offering of Arabian Internet and Communications Services Co, raising 3.624 billion Saudi riyals ($966.35 million), STC said on Wednesday.

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