Billionaire Ali's Lulu Falls in Debut After Mega Abu Dhabi IPO

By Yahoo! Finance | Nov 14, 2024 at 01:55 AM EST

Lulu Retail Holdings Plc's IPO in the Middle East saw shares fall post-offering, contrasting with the usual strong debut. Despite a dip in share price, the IPO garnered significant interest from investors, including sovereign wealth funds, highlighting the region's growing IPO market.

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