Dubai transport authority picks Rothschild & Co for asset review -sources

Rothschild & Co SCA

06/07/2023 21:09

DUBAI, July 7 (Reuters) - Dubai's Roads and Transport
Authority (RTA) has selected Rothschild & Co  ROTH.PA  to advise
on the strategic review of its assets, two sources close to the
matter said.
    The transport regulator is considering an initial public
offering of Dubai Taxi Corp and its public parking business,
said the sources, who declined to be named as the matter is not
public.
    The RTA and Rothschild & Co did not respond immediately to a
request for comment.

 (Reporting by Hadeel Al Sayegh; editing by Jonathan Oatis)
 ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))