Adnoc Distribution, first MidEast privatisation for years, attracts global interest

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Adnoc Distribution, first MidEast privatisation for years, attracts global interest

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Skyscrapers in Abu Dhabi, United Arab Emirates | Oleg Zhukov/Oleg Zhukov - stock.adobe.com

Abu Dhabi National Oil Co attracted good international participation to the $850m IPO of Adnoc Distribution, its chain of petrol stations and shops in the United Arab Emirates, which was priced on Friday.

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