Mon Oct 21 08:22:06 UTC 2024: – LuLu Group International, a major hypermarket chain in the Middle East, is preparing for a significant initial public offering (IPO) in Abu Dhabi.
– The company plans to begin investor roadshows next week to gauge interest.
– The owners aim for a valuation of at least $5 billion for the IPO.
– Details of the plan have been shared by anonymous sources familiar with the situation.

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