‎stc completes 51% stake sale in TAWAL to PIF

‎stc completes 51% stake sale in TAWAL to PIF ‎stc completes 51% stake sale in TAWAL to PIF

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stc Group announced the transfer of Golden Lattice Investment Company (GLIC) ownership to a new entity.

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Additionally, all procedures for selling its 51% stake in TAWAL to the Public Investment House (PIF) were completed on Dec. 31, the telco said in a statement to Tadawul.

For more news and details on MAs

The transaction was finalised after obtaining all necessary regulatory and commercial approvals.

 

Logo of stc

stc Group announced the transfer of Golden Lattice Investment Company (GLIC) ownership to a new entity.

Additionally, all procedures for selling its 51% stake in TAWAL to the Public Investment House (PIF) were completed on Dec. 31, the telco said in a statement to Tadawul.

For more news and details on MAs

The transaction was finalised after obtaining all necessary regulatory and commercial approvals.

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