UAE energy giant acquires massive stake in Fertiglobe
fertiliser producer
Saudi Arabia’s Aramco, SABIC ‘global leaders’ for blue hydrogen and ammonia production
The two companies received the world’s first TÜV certificate, marking a “major milestone” in the development
Saudi mining major chases more African exports after Malawi terminal opening
Ma’aden says the new fertiliser terminal in Liwonde will serve over 5m farmers in Malawi and Zambia
Fertiglobe surges 20% in Abu Dhabi debut after $795m IPO
Shares opened at AED3.06 on Wednesday in the UAE capital
Middle East fertiliser firm Fertiglobe raises $795m in IPO backed by Singapore
Company will be valued at $5.8bn and the stock will start trading in Abu Dhabi on October 27
Fertiglobe set to price Abu Dhabi IPO at top end
Adnoc and OCI NV are offering 13.8 percent of Fertiglobe in the IPO that comes as the business booms
Adnoc, OCI fertiliser venture to raise up to $830m in IPO
Companies set a price range of AED2.45 to AED2.65 per share for Fertiglobe’s listing, implying a total valuation of as much as $6bn
Fertiglobe announces plans to float on Abu Dhabi Securities Exchange
Potential share sale could value Fertiglobe, which was formed in 2019, at about $7 billion including debt