DUBAI: Dubai school operator Taaleem plans to raise 750 million dirhams ($204.21 million) in an initial public offering, according to Reuters.
The subscription period for the IPO will begin on Nov. 10 and shares will begin trading in Dubai on or around Nov. 29, the company said.
Emirates NBD Capital and EFG-Hermes are the lead managers. Taaleem will set aside 2 percent of the offer shares for eligible employees and parents.
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