enterpriseam admin, Author at KSA

Don’t go to the desert when it’s raining, folks

by enterpriseam adminNovember 22, 2023

Good morning, wonderful people, and welcome to Zero Issue #002 of EnterpriseAM KSA. It’s an insane morning for capital markets in the Mideast, with plenty of IPO news in the Kingdom and beyond — and more than a handful of high-profile M&A involving listed companies: Leading regional broadcaster is MBC is going public on the […]

IPO WATCH

Regional broadcaster MBC to go public on Tadawul in blockbuster IPO

by enterpriseam adminNovember 22, 2023

HSBC, JP Morgan and SNB Capital will quarterback the sale of 10% of the region’s largest broadcaster by market share

IPO WATCH

Almujtama starts trading on Nomu today + Lana Medical prices IPO

by enterpriseam adminNovember 22, 2023

Shares of pharma player Almujtama will trading today on parallel market Nomu, opening at SAR 40

M&A WATCH

Sabic, TotalEnergies mull sale of USD 1 bn chemical plant in US

by enterpriseam adminNovember 22, 2023

Reportedly on offer is part of the world’s largest styrene and polystyrene plant in Carville, Louisiana

ENERGY

Ades inks contracts in Indonesia + Algeria worth a combined SAR 1 bn

by enterpriseam adminNovember 22, 2023

Oil driller Ades lands contracts in Indonesia, Algeria: Fresh off its hot IPO, Tadawul-listed oil and gas drilling company Ades Holding has inked three contracts worth combined SAR 1 bn (USD 293 mn) in Indonesia and Algeria, it said in a regulatory filing (pdf) yesterday. Southeast Asia is new for the Egypt-born company: State-owned Pertamina […]