Lulu Retail plans $1.8 billion IPO

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 Securities Exchange next month.
Lulu Retail Holdings IPO: Indian businessman Yusuff Ali-founded Lulu kicks off one of UAE's biggest IPOs this year
Lulu Retail Holdings, a leading hypermarket chain in the Middle East, has initiated its IPO process, potentially the UAE's largest this year. Scheduled between October 28 and November 5, the IPO aims to raise up to $1.
UAE-based retailer Lulu CEO on the firm's IPO announcement
Saifee Rupawala, UAE supermarket Lulu CEO, speaks to CNBC's Dan Murphy about the firm which is expected to start trading on the Abu Dhabi Securities Exchange.
Lulu Retail announces IPO in ADX
Lulu Group International announced its plans to list the Middle East-based group's retail arm Lulu Retail on the Abu Dhabi Securities Exchange (ADX).
UAE retail giant Lulu Group to float 25% in IPO next week, to raise around $1.8bln
Lulu Group expected to announce plans to proceed with an IPO on the Abu Dhabi Securities Market (ADX) by early next week.
Lulu Retail kicks off one of UAE's biggest IPOs this year
By Ahmed Tolba, Hadeel Al Sayegh and Federico Maccioni CAIRO/DUBAI (Reuters) -Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, kicked off an initial public offering on Monday that bankers say could be the UAE's largest this year.
UAE retailer Lulu sees 'strong demand' for its IPO share sale
The company will sell over 2.582 billion shares through a three-tranche IPO which will start on October 28 and close on November 5
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LuLu Chairman Yusuff Ali signals potential Saudi listing; Abu Dhabi IPO to drive growth
Proceeds raised from the IPO will allow Lulu International Holdings, the sole shareholder in Lulu Retail, to map out a growth ...
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Lulu Retail to float 25% stake in IPO on Abu Dhabi Securities Exchange
Lulu Retail, a hypermarket chain operator, has declared its plans to float 2.58 billion shares, marking a 25% stake on the ...
Meet Indian billionaire, set to list his retail giant in what could be UAE’s biggest IPO this year, his net worth is...
The company's IPO comes after a strong performance in the retail sector, reflecting the company’s recent growth ...
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UAE-based digital investment platform Eureeca launches global IPO access product; to debut with LuLu issue
The initiative is part of the company’s ambitious plans to build a digital investment bank to enable accessibility directly ...
Zawya2d
Lulu Chairman Yusuff Ali hints future Saudi listing; UAE IPO to fuel expansion, refinance debt
The company will list its shares on ADX next month. Informed sources told Zawya the company could raise as much as $2 billion ...
White & Case Guides Middle East Grocer LuLu in Public Listing
White & Case and local firm Ibrahim .N. Partners will guide LuLu Retail Holdings Plc, which operates one of the Middle East’s ...
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Lulu Retail Holdings to Launch IPO on Abu Dhabi Securities Exchange, Offering 25% of Shares
Lulu Retail Holdings PLC (“Lulu Retail” or the “Company”), the largest and fastest-growing pan-GCC full-line retailer, today ...
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UAE: Lulu IPO set to maintain trend of heavy oversubscription, say analysts
This could be the UAE’s largest IPO this year due to the robust growth of the retail sector, and a strong dividend policy ...