Logo of Berain Water Co
Riyadh-based Berain Water Co. hired Samba Capital to manage a possible initial public offering (IPO) of a 30% stake in the Saudi market, Bloomberg reported, citing unnamed sources with knowledge of the matter.
No final decision has yet been taken in this regard, the sources added.
Berain Water is owned by Global Beverages Co., a subsidiary of Rajhi Invest.
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