Talabat’s $2 Billion IPO: A Landmark Moment in Global Tech Offerings for 2024

In a significant development for the technology and legal sectors, Gibson Dunn & Crutcher and Linklaters are among the legal advisors for Talabat’s initial public offering (IPO), reported to be valued at $2 billion. This IPO is recognized as the largest tech offering globally for 2024, originating from the UAE-based online food delivery giant, Talabat. Gibson Dunn is providing legal counsel concerning U.S. and English law, while Ibrahim .N. Partners is advising on matters related to UAE law. Linklaters is assisting the joint lead managers—including Emirates NBD Capital, Abu Dhabi Commercial Bank, EFG Hermes UAE, and First Abu Dhabi Bank—on legal matters pertaining to English, U.S., and Abu Dhabi Global Market (ADGM) free zone law. For a detailed account, please refer to the full article here.