Abu Dhabi’s Mubadala is offloading some of its stake in telecom operator Du in a secondary share sale. The offering is fully subscribed amid high demand and could draw as much as $920 million. Kais Ben Hamida, CFO of Du spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the share sales, data centers, and appetite for M&As. (Source: Bloomberg)
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Du CFO: Mubadala Share Offer to Improve Liquidity
