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Emirates hints $20bn flotation
- United Arab Emirates: Monday, October 29 - 2007 at 12:29
Emirates is considering an initial public offering (IPO) which may worth up to $20bn on Dubai market, reported The Times. Sheikh Ahmed bin Saeed al-Maktoum told the newspaper that an IPO was now part of the airline's strategy, a week after DP World announced its listing on the Dubai market.
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