Abu Dhabi’s G42 Seeks $495 Million From Presight AI Listing
- Firm plans to sell 1.36 billion shares at 1.34 dirhams a share
- Presight will be valued at 7.51 bln dirhams based on IPO price
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Presight AI Holding Plc, a data analytics firm owned by Abu Dhabi’s G42, plans to raise $495 million from an initial public offering, becoming the second company from the United Arab Emirates’ capital to tap the capital markets this year.