Yahsat IPO on the Abu Dhabi Securities Exchange
- Company
- Al Yah Satellite Communications (Yahsat, now Space42)
- Type
- IPO
- Status
- Completed
- Date
- 14 Jul 2021
- Value
- AED 2.68bn
- US$ equivalent
- US$730m
- Value basis
- Sale of 40% of shares by Mubadala
- Region
- United Arab Emirates
- Segment
- Listed equity
Parties
Key terms
- Structure
- Sale of 40% of shares by Mubadala
- Pricing
- AED 2.75 per share
Sources
- Yahsat: IPO final offer price space42.ai · Jul 2021
Record ORB-INV-2021-0010. Investments are kept apart from the financings register and never counted in debt totals.
