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Mubadala’s satellite group Yahsat IPO raises $731m 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The IPO gives Yahsat a market value of about Dhs6.7bn July 11, 2021 Abu Dhabi sovereign fund Mubadala Investment has raised Dhs2.7bn ($731m) in an initial public offering of satellite operator Yahsat after pricing shares near the middle of a marketed range. A subsidiary of the fund sold 975.9 million shares in Yahsat, which trades under the name Al Yah Satellite Communications, for Dhs2.75 each, according to a statement Friday, after marketing them for between Dhs2.55 and Dhs3.05 each.

United statesAbu dhabi commercial bankUnited arab emiratesAbu dhabiAbuz abyMorgan stanleyEmirates investment authorityEfg hermes holdingFirst abu dhabi bankAl yah satellite communicationsAbu dhabi national oil for distributionMubadala investmentAbu dhabi national oilAbu dhabi bankHermes holdingஒன்றுபட்டது மாநிலங்களில்