Global law firm White & Case LLP has advised Spinneys 1961 Holding PLC (Spinneys), a leading retail supermarket operator in the United Arab Emirates and Oman, on its listing on the Dubai Financial Market (DFM). The initial public offering was achieved via a sale of 900 million ordinary shares, representing 25 percent of Spinneys’ issued share capital, by its shareholder Al Seer Group LLC. HSBC, Emirates NBD and Bank of America acted as joint global coordinators, EFG Hermes as joint bookrunner... Read this story
