FE Today Logo

Saudi Arabia's Alamar Foods considers IPO

October 19, 2021 00:00:00


DUBAI, Oct 18 (Reuters): Saudi Arabia's Alamar Foods, the regional franchise operator for Domino's Pizza, is considering an initial public offering (IPO) that would allow The Carlyle Group sell some of its stake, three sources familiar with the matter said.

Alamar Foods has hired HSBC to arrange the share sale, the sources told Reuters. They said deliberations were at an early stage and no final decision had been made.

Alamar Foods did not immediately respond to a request for comment. HSBC declined to comment.


Share if you like