ADNOC raises gas unit IPO stake being offered to 5%

ADNOC raises gas unit IPO stake being offered to 5%

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DUBAI: Abu Dhabi National Oil Co. will increase the stake in its gas business being offered in an initial public offering to 5 percent from 4 percent, the state oil giant said on Monday. ADNOC made the decision "based on significant investor demand across all tranches," it said in a statement. As…

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