ADNOC's logistics unit to raise number of shares offered in its IPO
ADNOC will now offer shares equivalent to 19% of the ADNOC L&S's total issued share capital
Source: zawya.com
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ADNOC raises size of its logistics unit IPO on heavy demand
ADNOC L&S expects the final offer price to be announced on May 26, after the book-building process
Source: gulfbusiness.com
Abu Dhabi's National Marine Dredging to invest $30mln in ADNOC L&S IPO
The company, along with others, have committed about $180 million to the IPO
Source: zawya.com
Abu Dhabi's ADNOC looks to raise up to $607m from IPO of logistics unit
DUBAI: State oil giant Abu Dhabi National Oil Co. said on Tuesday it has set a price range for an initial public offering of its marine and logistics unit that could raise up to $607 million and could give ADNOC Logistics & Services an equity valuation of as much as $4.05 billion. The price range for the unit was set at 1.99 dirhams ($0.5420) to 2.01 dirhams per share, the
Source: arabnews.com
ADNOC Logistics targets IPO size of Dhs2.23 billion
The price range for the Offering has been set between Dhs1.99 to Dhs2.01 per share, implying an equity value of $4.01 billion to $4.05 billion (Dhs14.7 billion to Dhs14.9 billion).
Source: gulftoday.ae