Saudi Arabia's Alsulaiman Group weighs IPO of IKEA business next year

Saudi Arabia's Alsulaiman Group weighs IPO of IKEA business next year

A man holds an IKEA magazine. Photo: Billow/Unsplash

Saudi Arabia’s Alsulaiman Group is weighing an initial public offering of its IKEA business franchise next year and has hired Moelis & Co as an adviser, two sources told Reuters.