(MENAFN - Khaleej Times) Executives from the Al Habtoor Group, or AHG, have appointed Grant Thornton to conduct an independent professional valuation of the Group ahead of its proposed initial public offering, or IPO.
Al Habtoor Group board members Paul Rayner, advisor to the Chairman; K.P. Rajan, chief operating officer and Sanjeev Agarwala, director strategy & business development met with Grant Thornton at the group's headquartres in Dubai.
Grant Thornton has extensive experience in dealing with cross-border transactions involving merger & acquisitions (M&A's) and IPOs. It has listed companies in over 30 countries including the United Kingdom, France, Germany, Ireland, Hong Kong, Malaysia, Egypt and China. It has executed more than 220 mandates on the London AIM Market and has clients from various sectors including companies with Middle Eastern investors. It also has extensive Islamic finance expertise.
Grant Thornton has had a presence in the UAE for more than four decades.