Monday 25 November 2013

CAPM Investments advising on IPO as UAE market conditions improve | The National

CAPM Investments advising on IPO as UAE market conditions improve | The National:

"CAPM Investments is advising on an initial public offering, its first deal since the Abu Dhabi-based investment company was acquired by Finance House last year.

The transaction was awaiting regulatory approval by the markets regulator, the Securities and Commodities Authority (SCA), sources familiar with the deal said. It is understood that the company it was advising would be involved in the food and beverages sector.

Mahdi Mattar, the chief executive of CAPM, declined to comment on the IPO mandate yesterday, but said he was “seeing a revival of entities expressing interest in going public”."

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