Lulu IPO News: Lulu Retail Seeks to Raise up to $1.43 Billion

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According to latest Lulu IPO news reports, Lulu Retail Holdings announced the IPO price range of its shares between Dhs1.94 and Dhs2.04 per share. The IPO implies a market valuation of Dhs21.07 billion ($5.74 billion) at the upper end. This valuation positions the Lulu IPO as the biggest in the UAE for 2024.

Lithuania News: Social Democrats Party Wins Parliamentary Elections

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According to the latest Lithuania news, the center-left Social Democrats party outperformed Lithuania’s center-right Homeland Union securing 52 seats out of 141 in the Seimas. With 100% of the votes counted, this election result brings a shift after four years of conservative leadership under Prime Minister Ingrida Šimonytė.