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Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour
Institutional investors including Abu Dhabi Pension Fund, Bahrain Mumtalakat Holding Company ... High-end supermarket chain Spinneys 1961 Holding Plc had raised $374 million from a Dubai listing ...
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Lulu Retail seeks to raise up to $1.43 billion in biggest UAE IPO this year
Founded in 1974 by Indian businessman Yusuff Ali, Lulu joins other grocery firms that have listed, such as UAE-based Spinneys this ... sovereign wealth funds of Bahrain and Oman.