Dubai-based Dubizzle Ltd., which operates classifieds websites popular with expatriates, plans to start gauging investor interest next week for an initial public offering, adding to the wave of firms seeking to capitalize on the emirate’s booming property market.
The firm is planning roadshows as soon as Monday, according to people familiar with the matter, who requested anonymity to discuss private information. The offering could value the company at about $2 billion, some of the people said.
Representatives for Dubizzle declined to comment.
The firm is working with Emirates NBD PJSC, Goldman Sachs Group Inc., HSBC Holdings Plc ...
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