ADNOC Raises $2.5 Billion From Gas Unit IPO ...Middle East

OILPRICE - Economy
ADNOC Raises $2.5 Billion From Gas Unit IPO
source : OILPRICE ( Middle East ) () 52
The UAE’s energy major ADNOC has raised $2.5 billion from the listing of its gas business unit in what has become the biggest IPO since the start of the year. The offering was 50 times oversubscribed, with investors placing orders for $124 billion in total, Bloomberg reported. The issue was fully subscribed just hours after the offering was first announced. Then, this week, ADNOC had to increase the size of the planned offering by 25 percent due to strong investor interest, suggesting that despite the recent slump in gas prices interest in…

Read More Details
Finally We wish PressBee provided you with enough information of ( ADNOC Raises $2.5 Billion From Gas Unit IPO )

Apple Storegoogle play

Also on site :

Most viewed in Economy
FinThrive Introduces Agentic AI at HFMA 2025 to Help Customers Transform Healthcare Revenue Cycle Management Performance
PR Newswire - before 6 hours & 24 minute
U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows
CNBC - before 2 hours & 56 minute
What the U.S. strikes on Iran could mean for world oil prices
Washington Post - before 3 hours & 27 minute
Trump Policy Threatens Residential Solar Industry
OILPRICE - before 5 hours & 31 minute
Tesla launches long-awaited Robotaxi in Austin
Washington Post - before 46 minute
Why a Water-Powered Car is Scientific Nonsense
OILPRICE - before 3 hours & 31 minute
Middle Eastern Oil Giants Go On LNG Buying Spree
OILPRICE - before hour & 24 minute
State Launches State Echo: An Agentic AI Platform for Insurance Follow-Up and Denials Management
PR Newswire - before 14 minute


Latest News

State Launches State Echo: An Agentic AI Platform for Insurance Follow-Up and Denials Management

before 14 minute

Tesla launches long-awaited Robotaxi in Austin

before 46 minute

Middle Eastern Oil Giants Go On LNG Buying Spree

before hour & 24 minute

U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows

before 2 hours & 56 minute

What the U.S. strikes on Iran could mean for world oil prices

before 3 hours & 27 minute

Why a Water-Powered Car is Scientific Nonsense

before 3 hours & 31 minute

The 5 best-run cities in America — and the 5 worst-run cities

before 3 hours & 49 minute

Trump Policy Threatens Residential Solar Industry

before 5 hours & 31 minute

FinThrive Introduces Agentic AI at HFMA 2025 to Help Customers Transform Healthcare Revenue Cycle Management Performance

before 6 hours & 24 minute

South Africa Secures $2.2 Billion To Help Transition Away From Coal

before 7 hours & 38 minute

What is financing for development?

before 8 hours & 57 minute

U.S. races to develop alternatives to China’s rare earth materials

before 12 hour & 20 minute

Saylor's Bitcoin tweet sparks controversy: "Fight for Bitcoin”

before 12 hour & 27 minute

Iran says it reserves all options after ‘outrageous’ U.S. strikes, launches fresh attacks on Israel

before 14 hour & 22 minute

Oil Markets Brace for Impact After U.S. Attacks Iran Facilities

before 17 hour & 17 minute