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LULU GROUP 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 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 ...
- Aster’s Gulf unit eyes $250 million health-care deals for Saudi expansionAster DM Healthcare Ltd.’s Gulf entity plans to acquire assets worth up to $250 million to expand in Saudi Arabia. The company aims to have...
- 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...
- Lulu Group to set up large shopping mall in Ahmedabad, Chennai: Yusuff AliLuLu Group International, headed by Yusuff Ali, is planning to establish two large shopping malls in Ahmedabad and Chennai, India. The grou...
- Lulu group to raise $2.7 billion as its IPO plans gather steamAbu Dhabi-based hypermarket chain Lulu Group plans to raise Dh10bn ($2.7 bn) to refinance existing debt, before a possible IPO next year,, ...
- 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...
- Jack Ma’s Ant seeks to raise $35 billion in biggest-ever IPOThe company may raise another $5.17 billion if it exercises it Hong Kong and Shanghai green shoe options. That would give Ant a valuation o...
- Ant Group faces US headwinds in race to IPO before Trump voteAnt is said to be targeting a valuation of $250 billion, which would make it one of the world’s most valuable financial firms ahead of Bank...
- 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 ...
- Jack Ma is telling China’s startup founders it’s time to go publicAnt will be the largest of that cohort, a potentially $200 billion-plus first-timer that’s likely to dwarf all peers apart from major backe...
- Jack Ma’s Ant seeks $200 billion value in landmark dual IPOThe crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...
- Xiaomi investors question $100 billion valuation goal for IPOPeople close to the deal had built up the idea that Xiaomi could raise at least $10 billion at a valuation of $100 billion, which would mak...
- Alibaba market value tumbles $30 billion after margins declineShares fell 5.9 per cent in New York trading, the sharpest decline since June 2016.
- Does ageing unicorn Xiaomi deserve $50 billion valuation in IPO?Xiaomi does deserve credit for its incredible turnaround, which includes a standout 2016.
- Uber's Kalanick should fear this 59-year-old billionaireChen foreshadowed the fundraising a month ago when she wrote that SoftBank would lead the deal, which at the time was being considered by C...
- Alipay owner said to plan Hong Kong IPO in first half of 2017Mainland China’s restrictions on stock options are discouraging Zhejiang Ant Small & Micro Financial Services Group Co. from its original p...
- 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).
- Catholic Syrian Bank in talks to sell stake; seeks valuation of about Rs 1,100-1,500 crCatholic Syrian Bank (CSB), the Kerala-based private sector lender, is talking to potential buyers as promoters look to offload their stake...
- 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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