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Ithmar Capital picks CS Deutsche Bank for IPO
(MENAFN- Arab News) DUBAI: United Arab Emirates-based private equity firm Ithmar Capital has picked Credit Suisse and Deutsche Bank to manage an initial share sale for a vehicle it hopes to list on the Dubai bourse by the end of the year sources close to the matter told Reuters.
Ithmar is aiming to list a special purpose acquisition company (SPAC) a vehicle which lists and then uses the cash raised from the flotation to make private equity-style investments several sources said.
Ithmar is aiming to list a special purpose acquisition company (SPAC) a vehicle which lists and then uses the cash raised from the flotation to make private equity-style investments several sources said.
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