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UAE's ADNOC prices gas business IPO near top of range

March 3, 2023

Source: REUTERS

UAE's ADNOC prices gas business IPO near top of range

ABU DHABI, March 3 (Reuters) - State oil giant Abu Dhabi National Oil Co (ADNOC) on Friday set the final price for its initial public offering, valuing the company at about $50 billion after drawing record demand. It will become Abu Dhabi's largest listed company.

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