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Borouge's $2 billion investment The IPO in Abu Dhabi has attracted Asia's richest man

Published On 24 May 2022 02:28 PM


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The United Arab Emirates (UAE) largest oil company and Borealis AG are planning an initial public offering (IPO) of their chemicals joint venture in Abu Dhabi, which is expected to be the emirate's largest-ever listing.

The IPO offer price for Borouge has been set at 2.45 dirhams per share, according to a statement released by Abu Dhabi National Oil Co (ADNOC) on Monday. ADNOC and Borealis, based in Vienna, are selling three bill....


Tags : Borouge, Abu Dhabi National Oil Company, United Arab Emirates, IPO in Abu Dhabi,
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