Mubadala’s Yahsat IPO Raises 2.7 Billion Dirhams

Posted on 07/09/2021


Abu Dhabi-based Mubadala Investment Company has raised 2.7 billion dirhams in an initial public offering of satellite operator Yahsat (Al Yah Satellite Communications Co.). The initial public offering showcases Yahsat a market value of about 6.7 billion dirhams, according to the statement. Yahsat will remain majority owned by Mubadala after the listing. First Abu Dhabi […]

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