• Home
  • Adnoc Gas $2 billion IPO covered in hours
Within hours after the initial public offering kicked off, Adnoc Gas' initial public offering order book was fully covered. Abu Dhabi National Oil Co. sold a 4% stake in Adnoc Gas, offering 3 billion shares between Dh2.25 and Dh2.43. The company will be valued at $50.8 billion, making it one of the world's largest listed gas firms.

Adnoc Gas $2 billion IPO covered in hours

Within hours after the initial public offering kicked off, Adnoc Gas’ initial public offering order book was fully covered. Abu Dhabi National Oil Co. sold a 4% stake in Adnoc Gas, offering 3 billion shares between Dh2.25 and Dh2.43. The company will be valued at $50.8 billion, making it one of the world’s largest listed gas firms.

Issue:
Country:
Subscribe to Receive Latest Updates from GIF.