Reuters: Private Equity: Dubai's Abraaj selling stake in Malaysia IPO-terms

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Dubai's Abraaj selling stake in Malaysia IPO-terms Jun 15th 2012, 04:50 HONG KONG, June 15 | Fri Jun 15, 2012 12:50am EDT HONG KONG, June 15 (Reuters) - Dubai-based private equity firm Abraaj Capital will sell 434.7 million shares in Malaysian firm IHH Healthcare's planned $2 billion IPO in Kuala Lumpur and Singapore, accounting for 20 percent of the total stock on offer, according to a term sheet of the deal seen by Reuters on Friday. The company will start taking orders for the initial public offering on July 4, with pricing slated for July 12, the terms said. (Reporting by Denny Thomas and Elzio Barreto; Editing by John Mair)

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