trending Market Intelligence /marketintelligence/en/news-insights/trending/jHpAdB813RRlPcizyLxQtg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Qatar food and beverage company Baladna to raise 1.43B riyals in IPO

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Qatar food and beverage company Baladna to raise 1.43B riyals in IPO

Qatar-based dairy company Baladna Food Industries is aiming to raise up to 1.43 billion Qatari riyals in its planned IPO of 75% of the company's stock, the Gulf Times reported Oct. 17, citing the company's IPO prospectus and executives' statement to local reporters.

The report comes a week after the Qatar Financial Markets Authority approved Baladna's planned listing, saying the offering will commence as soon as the company completes all legal requirements and submits its prospectus and all relevant data.

The Gulf Times said Baladna is inviting early investors to subscribe to its shares at 1.01 riyals apiece from Oct. 26 to Nov. 7. The company is expected to be listed on the Qatar Stock Exchange by the week of Dec. 9, the report said.

"The time is ripe for this IPO ... [Baladna] already enjoys an unparalleled position in Qatar as a market leader with growing exports and increasing economies of scale, a robust financial basis and continuing company support," Baladna Vice Chairman Ramez al-Khayyat reportedly said.

Baladna intends to use the proceeds from the offering to boost its financial position and meet future investments, the newspaper said.

As of Oct. 17, US$1 was equivalent to 3.64 Qatari riyals.