Monday 22 December 2014

Saudi travel firm Al-Tayyar IPO to raise $365m

Saudi Arabian group Al-Tayyar Travel is set to raise up to SR1.37 billion ($365 million) selling a 30 per cent stake in a listing in the first week of June, two sources familiar with the matter said. The family-owned business group is offe


Saudi travel firm Al-Tayyar plans IPO

Saudi Arabia's Al-Tayyar Travel Group has received approval to sell a 30 percent stake to the public, the bourse regulator said on Sunday, two years after the firm scrapped a similar sale due to a lack of demand. The Capital Market Authori


Al-Tayyar targets $320m in first Saudi IPO

Saudi-based Al-Tayyar Travel Group said it plans to raise SR1.2 billion ($320 million) from an initial public offering and is eyeing a 30 per cent stake in a UK counterpart as part of an expansion. The Riyadh-based firm plans to offer shar


Al-Tayyar plans IPO in first quarter

Saudi Arabian travel group Al-Tayyar plans to sell a 30 percent stake in an initial public offering in the first quarter of 2008. This was revealed by chairman Nasser Al-Tayyar in Dubai on Wednesday.   The firm had said

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