ADNOC offered 222 million ordinary shares, approximately 3%, of ADNOC Logistics and Services (L&S), marking its second placement.
ADNOC CEO Sultan Al-Jaber aims to show that ADNOC can stage-manage capital markets entries without eroding state control.
This note explores ADNOC L&S shares sale, including:
- Key people managing the sales process
- ADNOC’s investor preferences
- Interested sovereign funds and corporates
