Adnoc completes $1bn institutional placement of shares in its distribution unit
- Date: 14-Sep-2020
- Source: The National
- Sector:Financial Markets
- Country:UAE
Adnoc completes $1bn institutional placement of shares in its distribution unit
Abu Dhabi National Oil Company completed an institutional placement of 1.25 billion shares worth $1 billion (Dh3.67bn) in its distribution unit to a group of institutional investors.
The transaction is the “largest block placement
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