Yah Satt to operate satellites plan to insert a share of up to 40% in Abu Dhabi next month, first introduction in the Abu Dhabi Securities Exchange since 2017.
According to Arab Net, a fully owned space for Mubadala Investment Fund in Abu Dhabi, which is worth 243 billion dollars, has appointed Abu Dhabi Commercial Bank, the First Abu Dhabi Bank and Holdings as a two main managers, according to an announcement in the National News. / p>
The company provides space communications solutions in more than 150 countries.
The sale of a stake in Yahat will be first introduced in Abu Dhabi since Abu Dhabi National Petroleum for Distribution Trading in 2017. / p>
On the presentation details, 731.9 million shares will be subtracted at a minimum and 975.9 million shares at a minimum of 30% and a maximum of 40% in the company.
The offer is expected on July 6 to the first and third sister and 8 July for the second slide, the price and size of the final offer will be determined on 9 July. The expected history of listing in Abu Dhabi is July 14.
