Massar Solutions plans $157 mln Abu Dhabi float -statement

DUBAI, Jan 5 (Reuters) - Massar Solutions, a United Arab Emirates vehicle rental firm, said on Monday it plans to list 40 percent of its shares on Abu Dhabi's stock market. The firm will seek to sell 240 million ordinary shares at 2.4 dirhams ($0.65) each between January 11 and January 25, it said in a statement. This would value the initial public offer (IPO) at 576 million dirhams ($156.82 million). ...