OCI and ADNOC to sell 13.8% Fertiglobe shares in ADX IPO

AMSTERDAM: OCI N.V., Abu Dhabi National Oil Company (ADNOC) and Fertiglobe plc announced their intention to proceed with an initial public offering (IPO) of Fertiglobe and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). OCI and ADNOC intend to collectively offer 13.8% of Fertiglobe’s issued share capital in the offering.…