Abu Dhabi’s Adnoc Seeking Up to $2 Billion With Unit IPO

The crude producer will price the IPO of Abu Dhabi National Oil Co. for Distribution PJSC in a range of 2.35 dirhams (64 cents) to 2.95 dirhams a share, according to an advertisement published in Gulf News. Based on that estimate, the unit is valued at $8 …
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