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Indian Billionaire Yusuff Ali's Lulu Retail Raises Size Of Abu Dhabi IPO To $1.7 Billion

By Forbes   |   Nov 5, 2024 at 04:36 AM EST
Indian Billionaire Yusuff Ali's Lulu Retail Raises Size Of Abu Dhabi IPO To $1.7 Billion

Lulu Retail Holdings, a hypermarket chain in the Middle East founded by Indian billionaire M.A. Yusuff Ali, plans to raise $1.7 billion in its IPO by increasing shares to 3.1 billion.

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