Valuation of $3bn-plus on London listing for Dubai developer Damac | The National:
"Damac Properties, the upmarket Dubai developer, could have a market valuation of more than US$3 billion when its lists its shares on the London Stock Exchange in the next couple of months, higher than market estimates so far.
A source familiar with the preparations for an initial public offering said that the valuation process was at an early stage, and several factors could ultimately decide the eventual price at which the company’s shares would list.
But between $3bn and $4bn was a realistic assessment of Damac’s worth, the source said."
'via Blog this'
No comments:
Post a Comment