Saudi poultry firm Al Watania plans stock market float

April 6, 2015 12:02 PM

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DUBAI, April 6 (Reuters) - Saudi Arabia's Al Watania Poultry, one of the largest producers of chickens in the Middle East, has invited banks to pitch for the financial adviser role on its stock market flotation, three sources aware of the matter said on Monday.

Bankers will make formal presentations to the company this month and Al Watania will decide on who will advise it on its Saudi listing by the end of May, according to one of the sources.

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