ABU DHABI: Lulu Retail Holdings Plc is looking to raise as much as 5.27bil dirhams (US$1.43bil) from its initial public offering (IPO), in what’s set to be the United Arab Emirates’ (UAE) biggest listing of the year.
The hypermarket chain operator has set a price range of 1.94 dirhams to 2.04 dirhams per share, according to a statement yesterday.
