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Feb 12
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WATCH
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Hisham Alrayes
Group CEO, GFH Financial Group
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GFH Financial Group plans to "list our healthcare platform in Saudi Arabia" and notes healthcare valuations there are "very, very attractive." The planned IPO serves as a hard catalyst to unlock shareholder value for GFH. By spinning off a high-value asset in a liquidity-rich market (Saudi), the parent company should see a re-rating. Watch GFH for the specific IPO announcement as a liquidity event. IPO delays or cooling of the Saudi IPO market. |
Bloomberg Markets
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