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Saudi Public Investment Fund to sell Ades shares in local IPO

ALBAWABA – Shareholders in oil and gas driller Ades International Holding, including the Saudi Public Investment Fund (PIF), will be selling a 30% stake

United arab emiratesSaudi arabiaSaudi public investment fundZamil group investment ltdSaudi national bank capitalJpmorgan chase coAdes international holdingInvestments holding ltdGoldman sachs group incZamil group investmentInitial public offeringNew york based

ADES Holding s Ambitious IPO Targets $1 Billion

Following significant IPO rounds that introduced subsidiaries of Saudi Arabia s oil titan Aramco and Abu Dhabi s national oil company ADNOC, another substantial IPO is gaining momentum

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PIF-Backed Driller Set for Riyadh s Biggest IPO This Year

(Bloomberg) Saudi Arabia’s Ades International Holding is set to list in Riyadh, a deal that’s set to be the kingdom’s largest initial public offering this year.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football EntryThe Public I

Saudi arabiaAr riyaUnited arab emiratesBloomberg businessweekGoldman sachs group incJpmorgan chase coBloomberg saudi arabia ades international holdingPublic investment fundZamil group investment ltdInvestments holding ltdSaudi national bank capitalAdes international holdingZamil group investmentMiddle eastNorth africaPersian gulf

Saudi oil driller ADES to lists 30% stake in Riyadh IPO

ADES’s IPO will consist of 338.7 million shares, which will include the issuance of 237.1 million new shares through a capital increase.

Saudi arabiaInvestments holdingSaudi national bank capitalJpmorgan chase coZamil group investmentAdes international holdingGoldman sachs groupPublic investment fundMiddle eastNorth africa

Saudi PIF, Holders to Offer 30% Stake in Oil Driller Ades IPO

Saudi PIF, Holders to Offer 30% Stake in Oil Driller Ades IPO
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Ar riyaSaudi arabiaUnited arab emiratesGoldman sachs group incJpmorgan chase coSaudi national bank capitalPublic investment fundZamil group investment ltdBloomberg saudi arabia ades international holdingInvestments holding ltdAdes international holdingZamil group investmentMiddle eastNorth africaPersian gulf