Zain Saudi Arabia approves sale of its 8,069 tower infrastructure for $807 million to PIF | Companies

Zain Group announces that the Board of Directors of Zain Saudi Arabia (Zain KSA) has approved the binding offer submitted by the Kingdom’s Public Investment Fund (PIF) led consortium to acquire a 80% majority stake in Zain KSA’s 8,069 passive tower infrastructure for a value of SAR 3.026 billion ($807 million).

Related Keywords

Saudi Arabia ,Saudi ,Arabia Zain ,Kingdom Public Investment Fund ,Zain Group ,Zain Saudi Arabia ,Public Investment Fund ,Zain Group Announces That The Board Of Directors Saudi Arabia Ksa Has Approved Binding Offer Submitted By Kingdoms Public Investment Fund Pif Led Consortium To Acquirea 80 Majority Stake In Ksas 8 ,069 Passive Tower Infrastructure Fora Value Of Sar 3 026 Billion 807 Million ,