Americana Restaurants International has increased the UAE retail offer for its IPO from 5% to 10% of the offering so that it becomes equal to the KSA Retail Offer size. With this, the institutional offer has got reduced to 80% from 85% of total offering.
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The percentage of foreign ownership allowed of Emaar Properties shares will now become 100%, instead of 49%, the company has said in a filing to the Dubai Financial Market (DFM).