Tristar pulls Dubai IPO as investors push back on valuation
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Tristar pulls Dubai IPO as investors push back on valuation
Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market
April 14, 2021
Middle Eastern logistics firm Tristar Transport has pulled its initial public offering in Dubai, dealing a blow to the city’s attempts to revive the stock market.
Tristar has informed Dubai’s main bourse that the IPO has been withdrawn, CEO Eugene Mayne told