By Tanu Pandey
The fund will help in Brosa’s transition from an online player to a omnichannel furniture brand
The deal, that marks Quadrant’s exit, values Real Pet Food Company at $781.9 million
The firm and its CEO could get credit for handling the situation decisively.
Return backers American Express Ventures, Jungle Ventures, Lehrer Hippeau and RRE also participated.
The deal, valued at $1.9 billion including debt, is expected to close during the first quarter of 2018.
En+ wants to sell shares and global depositary receipts in Moscow and London at $14 to $17 apiece.
TPG Biotech, Brandon Capital fund, Ganot Capital also joined the round
The value of all cryptocurrencies has surged ten-fold this year to more than $170 billion.
The IPO will test investor appetite for food-delivery businesses.
Excluding Orient UNB Takaful PJSC, which hasn’t traded since it was listed in June, there have been no IPOs in the UAE. since 2014.