Latham & Watkins, alongside its partnership firm, The Law Firm of Salman M. Al-Sudairi, and White & Case are advising as Alamar Foods, a major operator of regional fast food chains, including Domino’s Pizza, makes its $326 million debut on the Saudi stock exchange’s main market. The IPO involves the offer and sale of 41.7% of Alamar Foods’ capital by way of a sale of existing shares of funds managed by the U.S.-based Carlyle Group, “which is exiting from its investment in Alamar Foods via the IPO”, Latham said in a statement.

Source: The North Africa Journal August 11, 2022 09:28 UTC