Jamjoom Pharmaceuticals Aims to Raise $1.12 Billion in IPO on Saudi Stock Exchange
Jamjoom Pharmaceuticals Factory Company, a prominent pharmaceutical manufacturer and marketer in Saudi Arabia, has successfully concluded the book-building process for its initial public offering (IPO) and has set the final offer price at SR60 per share on the Saudi bourse Tadawul. This implies a market capitalization of SR4.2 billion ($1.12 billion) upon listing. The company …
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