Moving to Dubai with 3 children
#31
Forum Regular
Joined: Apr 2006
Location: Dubai
Posts: 283
Re: Moving to Dubai with 3 children
Surprised that gems would be selling, they are opening 5 more schools in Dubai, this september
#32
Re: Moving to Dubai with 3 children
Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
Last edited by norsk; Apr 2nd 2014 at 7:46 pm.
#33
Soupy twist
Joined: Dec 2004
Posts: 2,271
Re: Moving to Dubai with 3 children
Ah, schools with a duty to shareholders before pupils. What ****** thought that one up.
#36
Re: Moving to Dubai with 3 children
I don't recall saying that. But, I'm pretty sure most would rather rather pay profits back to their shareholders (private or public) than not. Unless it's not for profit, or ran as a trust, of course.
#37
Forum Regular
Joined: Apr 2006
Location: Dubai
Posts: 283
Re: Moving to Dubai with 3 children
I'm not sure they are selling as such.They have been raising a lot of money lately for further international expansion. Perhaps an IPO is on the cards..
Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
#39
Forum Regular
Joined: Apr 2006
Location: Dubai
Posts: 283
Re: Moving to Dubai with 3 children
I'm not sure they are selling as such.They have been raising a lot of money lately for further international expansion. Perhaps an IPO is on the cards..
Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
#42
Re: Moving to Dubai with 3 children
As Norsk wrote "Perhaps an IPO is on the cards." Nothing too clear at the moment, but say, selling 49% to raise some moolah whilst keeping a majority.