Indian Billionaire Yusuff Ali’s Lulu Retail IPO Priced At Top End, Attracts $37 Billion Of Orders
Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—has priced its IPO at the ...
Bloomberg L.P.11h
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 National on MSN3h
Lulu IPO: Retailer raises $1.72bn in UAE’s largest listing this year
UAE retail major Lulu Group has raised Dh6.32 billion ($1.72 billion) through its initial public offering, which is the country's largest this year. Its shares are priced at the top of the indicated ...
Khaleej Times on MSN1h
UAE: Lulu plans to open 100 stores, create thousands of jobs across GCC in 5 years
Abu Dhabi-based retail giant Lulu plans to open 100 stores over the next five years across the GCC countries, creating thousands of jobs, said Yusuffali MA, founder, chairman, and non-executive ...
Muscat Daily21m
Lulu IPO oversubscribed 25 times, shares priced at top of range
The IPO was oversubscribed by more than 25 times, with investor demand surpassing AED135bn (approximately $37bn) across all ...