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Mubadala s Yahsat aims to raise up to $810mn in Abu Dhabi IPO

DUBAI: State investor Mubadala’s satellite company Yahsat has set an indicative price range for its initial public offering which shows it could raise up to 2.976 billion dirham ($810 million) in the IPO, a newspaper advertisement showed. This will be the first major IPO of a company on the Abu Dhabi bourse since Abu Dhabi National Oil Co. Distribution was listed in 2017 and

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