Tag: IPO
ADNOC drilling proposes IPO of $10bn equity valuation
The UAE state-owned Abu Dhabi National Oil Company (ADNOC) has set a price for its drilling unit's initial public offering (IPO), giving it a...
UAE’s ADNOC plans to sell 7.5% of its drilling unit in...
Abu Dhabi National Oil Company (ADNOC) is planning to sell a 7.5 percent stake in ADNOC Drilling, which will be the UAE oil company's...
Saudi Arabia’s ACWA Power plans to list on Tadawul exchange
Saudi Arabia-based power plant developer ACWA Power has stated that it is planning to proceed with its initial public offering (IPO) and will list...
Amazon-backed EV maker Rivian seeks $80bn valuation in IPO
Rivian, an electric vehicle manufacturer, has filed confidential paperwork with regulators for an initial public offering (IPO), paving the way for a blockbuster year-end...
China likely to ban internet firms from listing abroad
China is reportedly planning to ban internet companies whose data poses potential security risks from listing outside the country, including in the US.
According to...
Mubadala Capital’s SPAC Blue Whale Acquisition launches $200mn IPO
Mubadala Capital, the asset management arm of Mubadala Investment Company, has launched a $200 million initial public offering (IPO) of a blank-cheque firm that...
Dubai’s SHUAA Capital in early talks to set up 3 SPACs
Dubai-based asset management and investment banking firm, SHUAA Capital plans to set up three special purpose acquisition companies (SPACs), with a capital of $200...
Mubadala’s Yahsat IPO expects to raise $730mn after final pricing
Yahsat, the satellite company of Abu Dhabi state investor Mubadala, is expected to raise $730 million in its Initial Public Offering (IPO) after the...
