RIYADH/KHOBAR - Some shareholders of construction giant Saudi Binladin Group (SBG) may transfer some of their shares to the government as part of a financial settlement with authorities, the company said on Saturday.

"Based on information available to management, some of the shareholders may have agreed a settlement that involves transferring some SBG shares to the government of Saudi Arabia against outstanding dues," said the statement, which was emailed to Reuters.


(Writing by Hadeel Al Sayegh; Editing by Edmund Blair) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))