Majid Al Futtaim denies reports of stake sale |
| Majid Al Futtaim has denied reports suggesting it is planning to sell a stake or parts of its business, calling such claims "entirely inaccurate, unfounded and misleading." The Dubai-based conglomerate confirmed there are no planned changes to its governance, shareholding, or company structure, directly refuting a Bloomberg report about potential stake sales or an IPO. The company, whose retail, property, leisure, and entertainment businesses span the MENA region, said it continues to deliver "sustained value" across its portfolio. |
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