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 ...
Indian Billionaire Yusuff Ali To List Retail Giant Lulu In What Could Be U.A.E.’s Biggest IPO This Year
Indian billionaire Yusuff Ali's Lulu Retail Holdings plans to sell 25% of the company and list the share on the Abu Dhabi ...
Khaleej Times on MSN5h
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 ...
Arabian Business2d
LuLu IPO: Retail giant increases share offering to 30%
Lulu Retail operates more than 240 hypermarket, express and mini-market stores across six GCC countries, serving over 600,000 shoppers daily. Image: Shutterstock Lulu Retail Holdings has announced it ...
Bloomberg L.P.2d
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 ...
Trade Arabia16d
Lulu Retail to launch IPO next week; listing on ADX
Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer and a public company limited by shares incorporated in the Abu Dhabi Global Market (ADGM), today announced its ...
Trade Arabia2d
Lulu Retail increases IPO size ot 30% of total shares
Based on the offer price range, Lulu Retail is set to list with a market capitalisation of between AED20.04 billion ($5.46 billion) and AED21.07 billion ($5.74 billion), the group said.
Gulf News9d
LuLu Retail sets IPO share price range at Dh1.94 to Dh2.04
LuLu Retail set the share price range at Dh1.94 to Dh2.04. Image Credit: Gulf News Dubai: LuLu has confirmed the IPO range at Dh1.94 to Dh2.04 per share, with the final pricing to be confirmed on ...
Zawya16d
UAE retail giant LuLu to list 2.58bln shares on ADX
UAE retail giant LuLu will sell 2.58 billion shares, representing 25% of its stake through a three-tranche IPO that will start on October 28 and close on November 5. The company will list its shares ...