Netherlands sells stake in SABB

Riyadh - Mubasher: The Netherlands announced on Thursday selling its last remaining shares in the Saudi British Bank (SABB), Reuters reported.

The Dutch government has sold more than 75 million shares since it announced plans to decrease its stake in the bank in late May.

Around 55 million shares were sold for SAR 28 per share this week, according to the Dutch Ministry of Finance.

 

Mubasher Contribution Time: 21-Nov-2019 15:00 (GMT)
Mubasher Last Update Time: 21-Nov-2019 15:00 (GMT)