DIP Holding: IPO More or Less 4 Times Oversubscribed

DIP Holding raised $529 million in its initial public offering on November 11, pricing shares at 1.12 dirhams each on the UAE exchange. The listing was the first in the UAE since the start of the Iran war, according to Bloomberg. Chairman Khalid bin Kalban discussed the offering with Bloomberg ahead of the listing.

• Bloomberg — DIP Holding: IPO More or Less 4 Times Oversubscribed

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