Tristar Sets Price Range for Second Dubai IPO in Three Years

Dubai Eyes Its Second IPO in Three Years With Tristar Listing — Photographer: Giuseppe Cacade/AFP/Getty Images

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By Nicolas Parasie

April 4, 2021 at 9:37 AM UTC

Updated on

April 4, 2021 at 10:29 AM UTC

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Middle Eastern logistics firm Tristar Transport set the price range for its planned initial public offering in Dubai at 2.20 dirhams to 2.70 dirhams per share, in what would be only the financial hub’s second listing in three years.