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LULU RETAIL IPO
Lulu Retail increases IPO size to 30% as it seeks to raise up to $1.72 blnLulu is offering 3.098 billion shares at an unchanged indicative price range of 1.94-2.04 dirhams per share with the final offer price expe...- Lulu Retail seeks to raise up to $1.43 bn in biggest UAE IPO this yearLulu Retail Holdings aims to raise up to 5.27 billion dirhams ($1.43 billion) in the UAE's largest IPO this year, offering a 25% stake thro...
- Lulu Retail kicks off one of UAE's biggest IPOs this yearLulu Retail Holdings has started an initial public offering, anticipated to be the largest in the UAE this year. It is offering over 2.582 ...
- Lulu Group IPO to be launched early next year, shares to be listed in GulfLulu Group International, the hypermarket chain and mall operator, is planning to launch its initial public offering (IPO) in the first hal...
- Tata Digital revenue up 3x in FY22; TCS, BSNL close in on $2B deal for 4GTata Digital's consolidated revenue also includes businesses such as Croma, Tata Fintech, Tata Technologies and previous BigBasket acquisit...
- Good Glamm changes strategy for international markets, to take 4 brands offlineThe move is in line with Good Glamm wanting to compete with traditional FMCG companies, which themselves have been taking their D2C, or onl...
- Super rich get richer on Ant after striking early deals with Jack MaAt least seven tycoons put in almost $700 million combined, with returns that could reach 50% based on Ant’s targeted valuation, according ...
- From investments in Tencent to Zoom, Hillhouse founder Lei Zhang is one of the world’s richest financiersZhang met with Zoom’s Yuan in Menlo Park, California, before an early funding round in February 2015. Yuan explained the business and his e...
- Meet a new generation of rising stars of the Indian diaspora making a mark in diverse fields around the worldTogether, they are the single biggest remittance group — sending $80 billion home in 2018 alone.
- Xiaomi is said to seek valuation of at least $50 billion in IPOXiaomi has gained momentum in recent months after stumbling against local rivals.
- PE funds in talks to form a consortium to pick up stake in Catholic Syrian BankPrivate equity funds are in talks to form a consortium to pick up 25-35% of Thrissur-based Catholic Syrian Bank (CSB).
- Future Capital buys stake in Biba ApparelsFuture Capital Holdings, the financial arm of the Future Group, has picked up a minority stake in Mumbai-based Biba Apparels Pvt Ltd for Rs...
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