Скачать с ютуб 🇦🇪 IPO LuLu;UAE retailer Lulu to launch IPO next week, sell 25% stake UAE's retail giant Lulu Group в хорошем качестве

🇦🇪 IPO LuLu;UAE retailer Lulu to launch IPO next week, sell 25% stake UAE's retail giant Lulu Group

UAE retailer Lulu to launch IPO next week, sell 25% stake UAE's retail giant Lulu Group on Monday announced that it would sell 25 per cent shares through an initial public offering (IPO) with a nominal value of Dh0.051 each. According to a prospectus published in Khaleej Times on Monday, the company will sell over 2.582 billion (2,582,226,338) shares through a three-tranche IPO which will commence on October 28 and close on November 5. Lulu Retail Holding will be listed on the Abu Dhabi Securities Exchange. The listing is expected on November 14, 2024. The offer price range will be announced on the same day or before the opening of the offering on October 28.Joint lead receiving banks are Abu Dhabi Commercial Bank and First Abu Dhabi. Joint lead managers are Abu Dhabi Commercial Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC Bank Middle East and EFG Hermes UAE. The receiving banks are First Abu Dhabi Bank, Dubai Islamic Bank, Emirates Islamic Bank, Abu Dhabi Commercial Bank, Mashreq and Emirates NBD. The UAE has seen a host of IPOs from public and private sector entities over the past couple of years including Dubai Taxi Corporation, Salik, Al Ansari Exchange, Pure Health, Investcorp Capital, Phoenix Group, Adnoc entities and many others. The previous IPOs witnessed exceptionally strong demand from retail and institutional investors. Analysts are confident that Lulu’s share sale will also see an overwhelming response from the investors next week. Lulu Group is one of the largest retailers in the UAE and GCC region, employing over 50,000 workers. Investors have been waiting for the retail giant’s IPO to own a stake in the retail major. ADQ had bought a 20 per cent stake in the company for $1 billion in 2020, which helped the retailer to expand to new markets. My Whatsup chanal please fellow https://whatsapp.com/channel/0029Va98... https://superdreamuae.com Snake Vedio https://sck.io/u/@DailyNewsDubai/pBc2... Tiktok   / daily.news.dubai1   _t=8WAQwiYx7VR&_r=1 Twitter https://twitter.com/zaheerm22?t=MGwcd... Instagram https://www.instagram.com/zaheerm22?i... Facebook https://www.facebook.com/uaefreevisa.... #UAELuLuIPO #EmiratesIPO #LuLuIPO #InvestinUAE #UAEStockMarket #LuLuGroup #UAEInvestmentOpportunities #LuLuShares #DubaiStockExchange #UAEBusinessNews