Clifford Chance and Allen & Overy are leading on the latest IPO in the Middle East, involving regional fast-food chain operator, Americana Restaurants.
Investment vehicle Adeptio AD Investments, jointly owned by Mohamed Alabbar, founder of leading Dubai real estate developer, Emaar Properties, and the Saudi Public Investment Fund, is to float a 30% stake in a dual listing on the Abu Dhabi Securities Exchange and Saudi stock market Tadawul.
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