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flynas to launch IPO, intends to float 51 million shares

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flynas to launch IPO, intends to float 51 million shares

flynas said it intends to launch an initial public offering (IPO), with 30% of its stake — or 51.3 million shares — to be sold post-offering. The company will sell 33.8 million — or 19.8% — of its existing shares and issue 17.4 million — or 10.2% — shares upon completion of the offering....

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