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Friday, October 15, 2021 20:21 GMT
Fertiglobe, a joint venture between Abu Dhabi National Oil Co. and chemical producer OCI, on Wednesday set the price range for its initial public offering, implying an equity valuation of US$5.5 billion to US$6 billion for the company. The company, which makes fertilizers and clean ammonia products, also said in a statement it secured Inclusive Capital Partners, Abu Dhabi Pension Fund and Singapore sovereign wealth fund GIC as cornerstone investors in the offering. The existing shareholders...More