GOOD SALE
Abu Dhabi’s G42 sells 2% stake in Presight AI
G42 will retain 68.5% ownership in the firm after the sold-out offer to institutional investors closes today
Vidhyaa Chandramohan/Bloomberg via Getty Images
Abu Dhabi stock exchange headquarters
Add The Circuit on GoogleAbu Dhabi artificial intelligence powerhouse G42 is taking advantage of the soaring share price of its data analytics firm Presight AI to sell a 2% stake worth about $100 million, amid a growing trend of raising funds through secondary...
