ID:
1554496947009928600
Fri, 2019-04-05 23:43
DUBAI: Abu Dhabi National Oil Company (ADNOC) is considering a secondary listing for its subsidiary ADNOC Distribution overseas, three sources told Reuters.
In 2017, ADNOC listed 10 percent of ADNOC Distribution, the largest operator of petrol stations and convenience stores in the UAE, on the Abu Dhabi Securities Exchange.
Reuters reported last June that ADNOC was considering selling another 10 percent stake in its fuel distribution business.
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