Adnoc Sells $2.84 Billion of Shares in Gas Subsidiary
The move is to increase Adnoc Gas’s free float and paves the way for the subsidiary’s inclusion in share indexes.
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ADNOC completes $2.84bn offer of shares in gas subsidiary
Abu Dhabi National Oil Company (ADNOC) has completed its marketed offering of ADNOC Gas shares, raising gross proceeds of around $2.84bn (Dh10.43bn). The offering involved 3.1 billion ordinary shares, ...
London is better than New York for float, says energy chief planning UK listing
Metlen Energy and Metals’ Evangelos Mytilineos says companies run risk of ‘disappearing’ in the crowd in the US ...
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ADNOC successfully completes $2.84bln marketed offering of ADNOC gas shares
Transaction witnessed exceptional investor demand in first-ever marketed offering of shares in the UAE and largest placement ...
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Direxion Daily FTSE China Bear 3X Shares
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the FTSE/Xinhua China 25 Index. The Index is a free float-adjusted ...
Unilever: Amsterdam chosen for primary ice cream listing in blow for London
Turnover at the FTSE 100 consumer giant Unilever ticked up 1.9 per cent to €60.8bn (£50.71bn) in 2024, above analysts' ...
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BUSINESS LIVE: GDP grows 0.1%; Unilever ice cream float; BATS tobacco lawsuit
The FTSE 100 hit a new intraday high at 8,820.93 today, but finished down 42.72 points at 8764.72. The British economy expanded unexpectedly in the fourth quarter, relieving some pressure on ...