Riyadh - Mubasher: The National Water Company (NWC) is seeking financial advisers to manage the sale a stake in Saudi Arabia’s water distribution network, sources have told Bloomberg.

NWC could raise several billion dollars from the process, depending on how the size of the stake it sells in the network or whether it decides to break up the system and sell it to multiple parties.

According to Bloomberg, the company is looking forward to complete the deal next year.