Saudi Arabia’s Alamar Foods, the master franchise operator of Domino’s Pizza in the region, announced on Wednesday, its intention to proceed with the IPO and listing of its shares on the Saudi Stock Exchange’s (Tadawul) main market. Alamar Foods, which also has the right to operate Dunkin’ Donuts, confirmed that the Capital Market Authority (CMA) has already approved its application for the IPO. The shares will be open for subscription to retail and institutional investors, including those outside the United States. The final offer price of the offer shares will be determined after the book-building period. Individual subscription period will start on July 20 and end on July 21, 2022.
Source: The North Africa Journal June 09, 2022 22:42 UTC