Ooredoo mulls secondary listing | GulfNews.com:
"Ooredoo, the biggest telecommunications operator in Qatar, is considering a secondary stock market listing in London as the company looks to diversify its investor base and improve the liquidity of its shares, bankers familiar with the matter said.
The telecom firm has sent out a request for proposals to banks to study the merits of such a move. “It’s becoming more interesting for a lot of people trying to raise money and diversify their investor bases,” said one banker, who didn’t want to be named because the issue is not yet public. Regional stock markets have rebounded across the Arabian Gulf this year after declining in the years that followed the financial crisis. But analysts say trading in Ooredoo shares are still constrained by low levels of liquidity in the local Doha market."
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