Dubai Airports hires bank to advise on potential IPO
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Dubai Airports hires bank to advise on potential IPO
DFM listing under consideration Moelis & Co assessing options Offering could amount to $1.5bn Dubai Airports is exploring an initial public offering and has hired Moelis & Co as its financial adviser, according to people familiar with the matter, in what would be the latest move in the emirate’s privatisation drive. The state-owned operator of Dubai International, which crossed the 92 million passenger mark last year, is working with the investm…
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