The only chance of exchanges in CEE is to follow the Viennese model and to turn towards "the regions where big money comes from", that being the US, Great Britain, and Western Europe, says Cristoph Boschan, CEO of the Vienna Stock Exchange. He gave the Vienna Stock Exchange as an example, where 85% of trades come from abroad, especially the US. He also claims that the stock exchanges need to facilitate the access of local investors to the international financial markets.
News | May 26, 2021
ADNOC Raises USD 1.64 Billion Through Successful Combined Offering Of ADNOC Distribution Shares And Issuance Of Exchangeable Bonds Attracting Foreign Direct Investment Into The UAE
Innovative share and exchangeable bond structure maximizes value to ADNOC and fulfils commitment at time of IPO to increase the free float of ADNOC Distribution
Combined offering attracted new institutional investors and Foreign Direct Investment (“FDI”) into the UAE
Success of combined offering, the first of its kind in the GCC, reinforces the attractive investment opportunities and environment provided by ADNOC, Abu Dhabi and the UAE
Abu Dhabi National Oil Company (“ADNOC”), announced today the successful closing of its offering of approximately 375 million shares in ADNOC Distribution (the “Share Offering”), representing approximately 3% of the registered share capital of ADNOC Distribution. It also issued approximately USD 1.195 billion of
The sale of shares comes within days after Morgan Stanley Capital International (MSCI) announced that Adnoc Distribution had been included as part of th.