Dubai's DEWA raises $6.1bn in EMEA's biggest IPO since 2019
Defying a global slowdown in listings.
Source: moneyweb.co.za
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DEWA raises IPO offer size to 17% adding more momentum to offer period
Strategic investors will be allocated around 7%, and with a lock-up period
Source: gulfnews.com
DEWA expands IPO size to 17%, turning it into a mega listing on DFM
Strategic investors will be allocated around 7%, and with a lock-up period
Source: gulfnews.com
Alpha Dhabi set to invest $100m in Dewa's landmark IPO
UAE-based Alpha Dhabi Holding has made a AED367 million ($100 million) investment into Dewa’s landmark IPO through its subsidiary Alpha Dhabi Partners as a cornerstone investor. As part of the deal, Alpha Dhabi unit will acquire shares through Dewa IPO.
Source: tradearabia.com
After DEWA, Dubai will keep its stock market busy with more IPOs - which entity will come next?
Toll operator Salik and Tecom are the likeliest candidates as DFM chases Dh3t market cap
Source: gulfnews.com