Saudi Telecom May See Significant Inflows If PIF Sells Stake.

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    • Abstract:
      If the PIF sells a 20% stake, Saudi Telecom could see inflows of up to $1.4 billion from passive trackers of the MSCI and FTSE Russell indexes, he wrote in a note. The Middle East's biggest telecoms company may see significant inflows after Saudi Arabia's sovereign wealth fund sells part of its 70% stake. [Extracted from the article]
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