Abu Dhabi National Oil Company to float 4% of its gas business in IPO

Abu Dhabi National Oil Company to float 4% of its gas business in IPO

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Abu Dhabi National Oil Company (ADNOC) will sell 4 per cent of it gas business in an initial public offering (IPO), according to a newspaper notice and an emailed statement on Friday. ADNOC Gas’s offering is set to be open from Feb. 23 to March 2 for institutional investors, while retail investors…

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