Stay updated with breaking news from Alpha Oryx. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
DUBAI, May 16 (Reuters) - State oil giant Abu Dhabi National Oil Co (ADNOC) said on Tuesday it has set a price range for an initial public offering of its marine & logistics unit that could raise up to $607 million and co... | 12:57am
ADNOC Logistics & Services plc (the “Company” or “ADNOC L&S”) confirms its intention to offer 1,109,774,817 ordinary shares, representing 15 per cent of the total issued share capital of the Company, in an initial public offering (“IPO” or the “Offering”)
Price range sets up an offer size of Dh2.21b-Dh2.23b for UAE's latest IPO
Adnoc Logistics and Services expects to raise up to $607 million (Dh2.23 billion) by selling 1.1 billion shares, representing 15 per cent stake in the firm..
State oil giant Abu Dhabi National Oil Co (ADNOC) has set a price range for an IPO of its marine and logistics unit that could raise up to $607m.