Shisha Company AIR Invites Bank Pitches for Mideast IPO
- Owner of Al Fakher shisha brand is also considering a sale
- AIR is owned by London private equity firm Kingsway Capital
Shisha products on the Al Fakher website.
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Advanced Inhalation Rituals, the owner of shisha brand Al Fakher, has invited banks to pitch for a role on a possible initial public offering in the Middle East, according to people familiar with the matter.