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stake sale

Saudi PIF raises over $1bn with 2% stc stake sale 

Saudi PIF raises over $1bn with 2% stc stake sale 

  • Following the sale, PIF retains a 62 percent ownership in stc, equivalent to 3.1 billion shares
  • The sale aligns with PIF’s broader strategy to recycle capital into emerging sectors within the local economy
By By Reem Walid  ·

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