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nice one beauty plans 320 million ipo in saudi arabia

Saudi Arabian online cosmetics retailer Nice One Beauty is set to raise up to 1.21 billion riyals ($322 million) through an initial public offering in Riyadh. The company plans to offer a 30% stake at a price range of 32 to 35 riyals per share, potentially valuing the firm at 4 billion riyals at the upper end.
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