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Abu Dhabi's G42 to launch IPO for second subsidiary, presight.ai, in Dh1.8b issue

The Abu Dhabi based G42 Group is launching an IPO for a second subsidiary – presight.ai – by offering 1.35 billion shares at Dh1.34 each for a Dh1.82 billion issue size. The stake sale represents 32 per cent of the company’s share capital, according to advertisement placed in the local…

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