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Citigroup & Goldman Sachs: Rejoining The $451 Million Investcorp IPO | Deep-Dive

Citigroup and Goldman Sachs are back on board with Investcorp Capital’s initial public offering (IPO) in Abu Dhabi.

The IPO that Citigroup has re-joined will now offer 720 million shares instead of the initial 643 million. Photo: Getty Images
The IPO that Citigroup has re-joined will now offer 720 million shares instead of the initial 643 million. Photo: Getty Images

The IPO’s offering size was increased by 12% due to strong investor demand, and Citigroup and Goldman Sachs will once again serve as joint global coordinators and bookrunners.

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