Dubai’s TECOM Group raises $463 million via IPO

 Dubai’s TECOM Group raises $463 million via IPO
Dubai business park operator TECOM Group has raised AED1.7 billion ($463 million) in its initial public offering (IPO). The company, which is owned by the investment vehicle of Dubai’s ruler, announced its plan on June 8 to sell a 12.5% stake by offering 625 million ordinary shares in its IPO. […]
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Aman Malik

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