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Dubai Government to Offer 25% Stake in Public Parking IPO

(Bloomberg) The Dubai government plans to sell a 25% stake in the city’s public parking business in an initial public offering, pushing ahead with a privatization plan to boost its capital markets.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Ph ....

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Carlyle, Fairfax, DBS Bank may bid for IDBI Bank

Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank as part of the government’s ongoing share sale process, two people, including a government official, said ....

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