One of the sources that participated in the placement of shares of the "Lulu" company informed Reuters that the offering will include 25% of the total number of shares that will be released on the market. The company is currently working on preparing the documentation for conducting this IPO (Initial Public Offering).
The shares will be placed on the financial market for investors. It is expected that this will make the company more attractive for potential investors and provide it with access to new sources of financing.
"Lulu" is the largest retailer in the country and aims to become a leader at the regional level. Previous financial indicators of the company indicate its stable growth and profitability.
It is known that the company plans to use the funds raised through the placement of shares to expand its operations and strengthen its market position.
It is hoped that the IPO will be successful and allow "Lulu" to realize its long-term strategic plans.
