Nep123.com
Abu Dhabi state gas firm looks to raise B in IPO

Abu Dhabi state gas firm looks to raise $2B in IPO

Abu Dhabi state gas firm looks to raise B in IPO

Abu Dhabi’s state gas company expects to raise up to $2 billion by selling 4% of its shares in an initial public offering, the company said Thursday.

It said the price range for the previously announced sale of over 3 billion shares has been set at 2.25 to 2.34 Emirati dirhams, valuing the company at up to $50.8 billion. The subscription period begins Thursday, with the final offer price…


Read full story at NepalNews.com


Nepalnews.com

Add comment

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular