VOL. XL
No. 43
27-October-1997
GENERAL
Arig IPO Imminent
The lead-advisors to the initial public offering (IPO) on behalf of Arab InsuranceGroup (Arig) have said that they expect the launch of the $300mn offering "verysoon" and deny that there has been a delay in a launch which had been expected insome quarters last week. Sources at the global coordinator banks, National Bank of Kuwaitand National Commercial Bank, say that 22 October was, at best, only a tentative launchdate and that, now the...
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