The Goldman Sachs Group, Inc. (GS) is reportedly stepping in this week to act as a stabilizing agent for Saudi Arabia’s mall owner Arabian Centres. Arabian Centres recently raised 2.47 billion riyals (US $659 million) via their initial public offering (IOP). This IPO was Saudi Arabia’s since 2015 as & is expected to start trading this week. As per a statement by the Capital Market Authority, 13.5 percent of the offering is allocated to the US bank.
The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. To learn more about The Goldman Sachs Group, Inc. and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. Coverage Page.
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