Group Motaz Alangari News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Saudi Arabia’s Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) announced on Monday the signing of definitive agreements whereby PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL) from stc Group. TAWAL is the largest telecommunications infrastructure company in Saudi Arabia and one of the largest in the region, with an enterprise value of $5.85 billion per the agreement. ....

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