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DFM IPO opens today
- United Arab Emirates: Sunday, November 12 - 2006 at 08:10
The initial public offering of 20% of the Dubai Financial Market opens today, Sunday, and will remain open until November 23. The Dubai government, the main shareholder in the DFM, is offering 1.6bn shares, worth a total of $435m. 720m shares are available in a private offering to certain specified investors, with 880m available to the public.
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Jonathan Sheikh-Miller, Deputy EditorSunday, November 12 - 2006 at 08:10 UAE local time (GMT+4)
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This article was updated on Sat Nov 18 2006.
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