This $763-million IPO got sold out within an hour
Thu, May 2, 2024 6:06 PM

This $763-million IPO got sold out within an hour

A Flip by Riya Sharma
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Investors snapped up all shares on offer in a Saudi hospital group shortly after books opened on the deal that’s shaping up to be the largest listing in the kingdom so far this year. Dr. Soliman Abdul Kader Fakeeh Hospital and its shareholders are seeking to raise as much as 2.86 billion riyals ($763.4 million) in the Riyadh initial public offering.

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