Deals Rumor Mill: Fawaz Alhokair, Saudi Aramco, Colfax

By Adam Rhodes (January 22, 2019, 7:16 PM EST) -- Saudi Arabian investment holding company Fawaz Alhokair Group has tapped Morgan Stanley and Moelis related to reignited plans to float its Arabian Centres malls unit, Bloomberg reported on Tuesday. According to the report, the company plans to sell 30 percent in the offering and to list the shares on the nation's stock exchange. The report details that Samba Financial Group and NCB Capital were also hired related to the potential offering, which could come in the second quarter of 2019. According to the report, the company twice postponed its offering, most recently in 2017 when its founder was caught up in a crackdown on corruption....

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