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Abu Dhabi’s IHC Unit Raises $13.1 Billion From Direct Listing
Multiply Group, a subsidiary of Abu Dhabi’s International Holding Company, raised 48 billion Dirhams ($13.1 billion) in a direct share listing.
Shares in the tech-focused holding company surged following the listing, closing at 2 dirhams apiece Sunday, 80% higher than the launch price of 1.11 Dirhams.
