The state oil giant announced on Feb. 27 it would increase the stake offered to investors in the initial public offering of ADNOC Gas to 5% from 4% due to strong demand for the deal.
Proceeds raised from the IPO amounted to $2.5 billion, a company statement said, implying a market capitalisation of about $50 billion.Reporting by Rachna Uppal; Editing by Edmund Klamann
As UAE's ADNOC sets the final price for its gas business IPO, investors are eager to get their hands on a piece of the nation's energy industry. The UAE continues to be a global leader in the energy sector
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: