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Dubai’s Souq.com Said to Plan Stake Sale at $1.2 Billion Value
Dubai-based online retailer Souq.com, known as the Amazon of the Middle East, is planning to sell a stake of about 30 percent that would give the company a value of at least $1.2 billion, people with knowledge of the matter said. Souq.com appointed advisers at Goldman Sachs Group Inc. to…
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Click here to read the full story: Bloomberg