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Saudi PIF-backed oil, gas driller ADES announces IPO plan

Saudi PIF-backed oil, gas driller ADES announces IPO plan
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Saudi Public Investment Fund to sell Ades shares in local IPO

ALBAWABA – Shareholders in oil and gas driller Ades International Holding, including the Saudi Public Investment Fund (PIF), will be selling a 30% stake ....

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PIF-backed driller set for Riyadh's biggest IPO this year

The IPO will consist of 338.7 million shares, or a 30 per cent stake in the company ....

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Saudi Arabia's Ades to List as Riyadh's Biggest 2023 IPO

Saudi Arabia s Ades International Holding is set to list in Riyadh in an offering that will consist of 338.7 million shares, or a 30% stake in the company, and could raise about $1 billion.. ....

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PIF-Backed Driller Set for Riyadh's Biggest IPO This Year

(Bloomberg) Saudi Arabia’s Ades International Holding is set to list in Riyadh, a deal that’s set to be the kingdom’s largest initial public offering this year.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football EntryThe Public I ....

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