DUBAI- Alpha Dhabi Holding, a subsidiary of International Holding Co, intends to list on the Abu Dhabi Securities Exchange on Sunday, it said on Thursday.
The offering was expected to involve a sale of existing shares to individuals and other investors in the United Arab Emirates and to qualified institutional and other investors, it said.
Alpha Dhabi, which has 10 billion dirhams ($2.72 billion) in paid-up capital, bought a 12.1% stake in Aldar Properties in March. It operates in healthcare, construction and hospitality sectors.
($1 = 3.6728 UAE dirham)
(Reporting by Saeed Azhar; Editing by Edmund Blair) ((Saeed.Azhar@thomsonreuters.com; +971 44536787; Reuters Messaging: email@example.com))