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Bookbuilding for Talabat to kick off next week
Delivery Hero is offering 95% of the IPO to institutional investors
Delivery Hero’s Talabat to IPO on the DFM in December
Talabat’s valuation could reach EUR 13.5 bn
THIS MORNING: Mubadala eyes Haier’s Indian business + Tiger Group to go public?
Plus: Avaada eyes a green hydrogen plant in Abu Dhabi
LuLu Retail raises AED 6.32 bn in largest IPO of the year
The IPO’s final price was set at AED 2.04 per share
THIS MORNING: MAF shuts down Carrefour stores in Jordan, opens up new retail chain + Dubai is getting a new sewage fee structure
Plus: LuLu Retail will set the final price for its IPO today
Lulu Retail boosts IPO offering to 30% amid strong investor demand
The company is now on track to raise up to AED 6.3 bn
Lulu Retail IPO sells out within one hour
The company is on track to raise up to AED 5.27 bn
ADNH Catering’s shares flat on ADX debut
ADNH Catering raised AED 864 mn in its share sale
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