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Lulu Group plans IPO to list in 2023: Report

Lulu Group International, which runs one of the Middle East’s largest supermarket chains, is considering an initial public offering (IPO) early next year in the UAE, according to a Bloomberg report which quoted people familiar with the matter.

Abu Dhabi s Lulu Invites Pitches for 2023 UAE Listing

Abu Dhabi-based Lulu Group was founded by Indian entrepreneur Yusuff Ali, who set up the first Lulu store in the early 1990s during a years-long oil boom in the Gulf region

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