Saudi Contractor MGC Said to Postpone $799 Million Riyadh IPO
Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. has postponed plans for an initial public offering that was set to raise as much as $799 million and rank as the region’s first...
By Laura Gardner Cuesta · Bloomberg Markets
Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. has postponed plans for an initial public offering that was set to raise as much as $799 million and rank as the region’s first major listing of the year.