UAE’s Borouge eyes $20 bn IPO tag; gets Adani, ADQ as anchor investors

 UAE’s Borouge eyes $20 bn IPO tag; gets Adani, ADQ as anchor investors
UAE-based petrochemical major Borouge has set an offer price of AED2.45 ($0.66) per share for its initial public offering (IPO). At this price, the company will be valued at $20 billion, making it the biggest listing till date in the oil-and gas-rich Gulf state. Borouge, which is a joint venture […]
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Aman Malik

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