UAE: Lulu Retail increases IPO size to 30%
GCC full-line retailer, on Monday announced an increase in the size of its initial public offering (IPO) to 30 per cent, compared to 25 per cent earlier.The total offering size has increased to over 3.
Yusuff Ali’s Lulu Retail raises IPO size from 25% to 30% amid soaring investor demand
Lulu Retail, part of Lulu Group International led by prominent Non-Resident Keralite MA Yusuff Ali, has raised its initial public offering (IPO) size on the Abu Dhabi Securities Exchange from 25% to 30% of its total shares.
Grocer Lulu Raises $1.72 Billion in UAE’s Largest IPO This Year
Hypermarket chain operator Lulu Retail Holdings Plc raised $1.72 billion from its Abu Dhabi initial public offering, marking the largest listing in the United Arab Emirates this year.
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion, including from global investors Vanguard Group and Singapore sovereign wealth fund GIC.
Lulu’s Abu Dhabi IPO Set to Price at Top, Raising $1.43 Billion
Lulu Retail Holdings Plc’s Abu Dhabi initial public offering is likely to price at the top end of a planned range and raise $1.43 billion, making it the United Arab Emirates’ biggest listing of the year.
Indian Billionaire Yusuff Ali’s Lulu Retail Raises Size Of Abu Dhabi IPO To $1.7 Billion
Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—increased the size of its IPO and now aims to raise as much as $1.7 billion amid robust demand for its shares.
Lulu Retail Holdings expects to raise $1.43 billion from its Abu Dhabi IPO
Lulu International Holdings plans to sell a 25 per cent stake or 2.58 billion shares in Lulu Retail Holdings public issue. The company expects to raise $1.43 billion from the listing, reported Bloomberg on Monday.
Grocer Lulu’s $1.72 Billion Abu Dhabi IPO Draws Vanguard, GIC
Hypermarket chain operator Lulu Retail Holdings Plc drew orders worth $37 billion for its $1.72 billion Abu Dhabi initial ...
Gulfbusiness.com on MSN1d
Lulu Retail boosts IPO size to 30% on strong demand
The final offer price will be determined through a book-building process, with the price expected to be announced on ...
Zawya7h
Lulu Retail Holdings PLC IPO successfully prices at the top of the range
Lulu Retail confirms the Final Offer Price for its ordinary ... As announced on Monday 4 November, the total Offering size ...
Lulu's appearance leaves ITV Lorraine viewers distracted as singer makes 'honest' admission
ITV viewers were all saying the same thing about Lulu's appearance on Tuesday's Lorraine. The 'Shout' singer not only caught ...
Emirates2471d
Lulu Retail Holdings Plc offering size increased to cater for significant international, regional demand
Lulu Retail Holdings PLC (“Lulu Retail”, or “Lulu”, and together with its subsidiaries, the Group), today announced an ...
BroadwayWorld3d
Kelvin Funches Releases New Children's Book SPROUTING SUCCESS! LITTLE TIM'S MISSION
Kelvin Funches has announced the release of his debut children's book, Sprouting Success! Little Tim's Mission. This ...
Irish Mirror on MSN8d
Lulu has viewers all saying the same thing after appearance on ITV Lorraine
ITV viewers said the same thing about Lulu's appearance on Tuesday's Lorraine Kelly show. The Shout hitmaker not only spoke ...