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Materials firm Borouge, a joint venture between UAE’s Abu Dhabi National Oil Company and… – Borouge’s IPO oversubscribed, 2 Jun 2022
Jun 02, 2022
Materials firm Borouge, a joint venture between UAE’s Abu Dhabi National Oil Company and Austrian chemical producer Borealis, has successfully closed its US$2 billion initial public offerings, the biggest to be listed on the Abu Dhabi Securities Exchange (ADX), with demand for the IPO topping US$83.4 billion, an oversubscription level of almost 42 times
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