Tuesday 24 October 2017

Mubadala to float Emirates Global Aluminium next year, CEO says - The National

Mubadala to float Emirates Global Aluminium next year, CEO says - The National:

"Mubadala Investment Company, an Abu Dhabi government-owned strategic firm with US$127 billion in assets, plans to take Emirates Global Aluminium (EGA) public through a share float next year, said Mubadala's group chief executive said.

“We hope to take this company [EGA] public in 2018,” Khaldoon Al Mubarak said at the Future Investment Initiative conference in Riyadh.

“It’s a great story,” he said of the company’s evolution as a global industrial champion but did not give details of the planned initial public offering."



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