DUBAI (Reuters) - Abu Dhabi oil giant ADNOC intends to offer 15% of its shares in unit ADNOC Logistics & Services (ADNOC L&S) through an initial publi.
ADNOC Logistics & Services plc (“ADNOC L&S” or the “Company”), a global energy maritime logistics leader, today announces its intention to proceed with an initial public offering (the “IPO” or the “Offering”) of 1,109,774,817 of its shares, and to admit i
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DUBAI: Oil giant Abu Dhabi National Oil Co. intends to offer 15 percent of its shares in unit ADNOC Logistics & Services through an initial public offering on the Abu Dhabi stock exchange, the company said on Wednesday, according to Reuters. ADNOC will offer about 1.1 million shares in its maritime logistics services unit, which is expected to list on June 1, subject to market