Talaat Mostafa IPO pricing
United Arab Emirates: Monday, November 19 - 2007 at 08:23
Egyptian real estate developer the Talaat Mostafa Group Holding Company has announced the pricing of its initial public offering (IPO), with the international portion being set at EGP11.6 per share and the retail segment being fixed at EGP11 per share, representing a discount of 5% to the international price. Based on the offer price, the firm will have a market capitalisation of $4.2bn at the commencement of trading.
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Jonathan Sheikh-Miller, Deputy EditorMonday, November 19 - 2007 at 08:23 UAE local time (GMT+4)
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