Mubadala attempts to collect 3.4 billion dirhams to sell an extra share in "Du"
“Mubadala” offers an extra stake of 342 million shares in the Emirates -integrated communications company “Du”, within a price scale between 9 and 9.9 dirhams per share, according to the data reported by “Bloomberg”. This means that the agreement will generate about 3.4 billion dirhams. This step falls within the wave of active secondary proposals in the UAE markets this year, amid an increasing demand for investment institutions, and a growing interest in listed assets. The upcoming offer of “Mubadala”, which is considered one of the sovereign funds for Abu Dhabi, comes days after the implementation of “G42”, a partial exit transaction of “BRSSATE” worth 370 million dirhams, preceded by a similar operation for “ADNOC” in the late August, where it collected -TOEG “, in a transaction transferred, collected in the transaction, collected in a transaction collected 1.16 billion dirhams. According to the market data, the value of secondary offices in the Emirates exceeded initial proposals during the first half of 2025, thanks to transactions such as ‘ADNOC’ of part of its section in ‘ADNOC gas’ and about $ 3 billion, and another agreement that one of the investors saw an interest in ‘Abu Dhabi First Bank,’ with a value of about $ 477 million.