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Emaar Taps Stock Boom in Dubai’s Biggest IPO in Seven Years
Emaar Properties PJSC (EMAAR), Dubai’s only listed developer to survive the property crash without an annual loss, raised $1.6 billion by selling shares in its mall unit, the emirate’s biggest initial public offering since 2007. Emaar Malls Group shares were priced at 2.9 dirhams, the top of its pricing range,…
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Click here to read the full story: Bloomberg