#STC Group

stc Group considers possible offer for United Group

Saudi Arabia’s stc Group considers possible offer for United Group

If the Saudi telecoms giant succeeds with a deal for United Group, it will further its expansion into Europe

Aramco may announce landmark $10bn share sale Sunday

Aramco’s $10bn secondary offering set for Sunday, says report

The share offering is expected to be priced at a further discount of as much as 10 per cent to the trading price

PIF agrees to acquire 51% stake in stc Group’s tower company

Saudi Arabia’s PIF, stc Group to create region’s largest tower company

The deal is subject to regulatory approvals and it is expected to be closed in the second half of 2024


stc Group inks strategic partnership with Red Sea Global

The agreement aims to facilitate digital transformation and empower tourist destinations along the Red Sea coast

Saudi Arabia’s stc Group 9.9% Telefonica stake

stc Group sticks to plan for 9.9% Telefonica stake, sources say

The telecoms operator amassed a EUR2.1bn ($2.23bn) stake, consisting of 4.9 per cent of Telefonica’s shares and financial instruments in September


Saudi telecom acquires 9.9% interest in Spain’s Telefónica

Telefónica benefits from a portfolio of infrastructure assets and technology platforms, where it is developing capabilities in areas such as cognitive intelligence, edge computing and IoT