$19 Billion Dubai Conglomerate Said to Eye Strategic Options (1)

The government-appointed officials overseeing Majid Al Futtaim Holding LLC have discussed a range of strategic options for the sprawling $19 billion conglomerate, including a potential stake sale, according to people familiar with the matter.

The group has held early-stage talks on the merits of a minority stake sale, some of the people said, declining to be identified as the information is confidential. An initial public offering and the sale of some business lines have also been discussed, some of the people said.

Financial advisers have recently pitched for a role on the share sale, though it wasn’t immediately clear if ...