11-05-2016 16:10 via news.yahoo.com

Investcorp part-owned Leejam Sports picks Samba Capital for IPO -sources

By Hadeel Al Sayegh and David French DUBAI, May 11 (Reuters) - Saudi Arabian sports and fitness business Leejam Sports Co is to hire Samba Capital to advise it on a stock market flotation in the kingdom, sources aware of the matter told Reuters. While no mandate has been signed yet, two sources said the investment banking arm of Samba Financial Group has been told that it will be awarded the contract to list around 30 percent of the firm. Much of the shares put up for sale will likely to come fr
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