Industry / United Arab Emirates
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GCIC Launches IPO
June 2008 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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UAE-based Green Crescent Insurance Company (GCIC) has launched an AED137mn (US$37mn) initial public offering (IPO) on the Abu Dhabi Securities Exchange. The IPO is for 55% of the offering, with the company's owners subscribing to the remaining AED112.5mn