Finance

flynas launches IPO, aims to raise up to $1.1bn

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flynas launches IPO, aims to raise up to $1.1bn

Saudi airline flynas disclosed the price range and launched its institutional book building for its initial public offering (IPO) on May 12, 2025. The company said it expects to raise between 3.9bn riyals ($1bn) and 4.1bn riyals ($1.1bn), implying a market capitalisation of the company at listing r...

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