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Saudia Arabia Looks to Go Public with Cybersecurity Firm Elm

Saudi Arabia’s sovereign wealth fund is weighing the option of taking Elm, its cybersecurity firm, public. So reports Reuters.

saudi arabia 156352 640 smallThe $300 billion Public Investment Fund has reportedly issued a request for proposals to banks on how to proceed with the initial public offering.

PIF-owned Elm bills itself as offering secure e-business services and information technology, among other services.

Read the full article from Reuters.

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