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Free Float

   Also found in: Encyclopedia, Wikipedia 0.03 sec.
Free float
An exchange rate system characterized by the absence of government intervention. Also known as clean float.
Free Float
1. See: Floating currency.

2. See: Floating shares.
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The previous free float was 454,059,264 and following the share cancellation it is now 442,034,496.
Depa cancels repurchased shares by TradeArabia (Manama, Bahrain)
There is potential for a sale to a private equity investor "both from free float and Dubai World's own stake to release cash," Munro, who estimates the shares may rise to 48 cents, said.
DP World approached for stake by Gulf Industry
Dubai World, which owns a 77 percent stake in DP World, reportedly said that it's "engaged in discussions with a regional private equity firm which may or may not result in a transaction regarding a minority stake in DP World, coming largely from the free float.
Abraaj Capital may buy a stake in DP World by Kippreport
 
 
 
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