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  • Oman’s OQ Settles On BofA for $800 Million Gas Pipeline IPO
OQ reportedly settled on Bank Muscat and Bank of America Corp. to advise the initial public offering of its gas pipeline units as the sultanate kickstarts its privatization program.  According to insiders who spoke to BNN Bloomberg anonymously, the IPO of OQ Gas Network could raise $800 million, adding that the company had communicated a possible dual listing in Saudi Arabia and Muscat.

Oman’s OQ Settles On BofA for $800 Million Gas Pipeline IPO

OQ reportedly settled on Bank Muscat and Bank of America Corp. to advise the initial public offering of its gas pipeline units as the sultanate kickstarts its privatization program.  According to insiders who spoke to BNN Bloomberg anonymously, the IPO of OQ Gas Network could raise $800 million, adding that the company had communicated a possible dual listing in Saudi Arabia and Muscat.

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