#Yahsat

Mubadala satellite operator Yahsat jumps on debut, boosting Abu Dhabi IPO push

Mubadala sold 975.9 million Yahsat shares, representing a 40 per cent stake, for Dhs2.75 each

Mubadala’s satellite group Yahsat IPO raises $731m

The IPO gives Yahsat a market value of about Dhs6.7bn

Yahsat eyes first Abu Dhabi IPO since 2017

The satellite operator plans to list a stake of as much as 40 per cent next month

Abu Dhabi’s Mubadala mulling IPO of Yahsat, says CEO-designate

Yahsat provides integrated satellite communications solutions to over 150 countries

New space technology centre to be set up in Abu Dhabi

One of its main objectives will be to build capabilities and create a technical space hub in the UAE