Shopping For Shares

Supermarket chain Spinneys prepares for IPO in Dubai

The UAE company, which also operates in Oman and plans to enter the Saudi market, will sell 25% of its shares when it debuts in May

The headquarters of UAE supermarket chain Spinneys. (Photo: Spinneys)

UAE supermarket chain Spinneys said on Tuesday it will sell 25% of its shares in an IPO on the Dubai Financial Market.

The company, which also operates in Oman and plans to enter the Saudi market, expects...