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Talabat raises AED 7.5 bn in world’s biggest tech IPO of the year
The IPO was priced at the top of the range
Investment firm Mair Group plans direct listing on the ADX on 9 December
Mair Group was consolidated earlier this year, bringing together Adcoop and Makani Real Estate under its wing
Talabat ups the size of its IPO to become the UAE’s biggest this year
The company saw strong demand from anchor investors
THIS MORNING: Amanat Holdings eyes Riyadh IPO for its education unit next year + We have our own lottery
Plus: No word yet on Covestro takeover, which could mean an extension of the acceptance period to 16 December
Talabat IPO fully covered on day one
The company is on track to raise up to USD 1.5 bn
Dubai Holding mulls IPOs for commercial and residential property units
The IPOs are expected to take place next year
Talabat IPO to raise up to USD 1.5 bn
The IPO is the second-biggest in the UAE this year
Largest IPO of 2024 flat on ADX debut
The retail arm’s shares debuted at AED 1.99 apiece
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