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Saudi FII conference organizer eyes IPO: Report

Saudi FII conference organizer eyes IPO: Report

Argaam2 days ago
Richard Attias & Associates, the organizer of Saudi Arabia's Future Investment Initiative (FII) summit is readying plans for a potential initial public offering.
The events and advisory firm is working with banks including Evercore Inc. to prepare for a possible listing, Founder and Chairman Richard Attias told Bloomberg.
An IPO could come as soon as next year, he said.
Attias also said that 'Sanabil', the investment arm of the Public Investment Fund (PIF), owns about 75% of Richard Attias & Associates, while he holds the remaining stake.
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