Wednesday 30 October 2013

Just Falafel brings in Arqaam Capital for IPO guidance | The National

Just Falafel brings in Arqaam Capital for IPO guidance | The National:

"Just Falafel, the UAE-based fast-food chain, has hired Arqaam Capital as the lead adviser on its initial public offering on the Nasdaq Dubai.

“The valuation work is under process and we expect a listing by the end of the year,” said a source familiar with the deal.

Arqaam, the Dubai-based investment bank, and Just Falafel declined to comment when contacted by The National. The work on the share sale is also understood to involve Menacorp, an Abu Dhabi investment company. Menacorp also declined to comment."

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