Abu Dhabi’s Adnoc Starts $328 Million Logistics Unit Stake Sale

Abu Dhabi's Adnoc Offers $328 Million Logistics Unit Stake

Abu Dhabi’s state energy company is seeking to raise about 1.2 billion dirhams ($328 million) through a secondary share sale in its logistics arm.

Abu Dhabi’s Adnoc Starts $328 Million Logistics Unit Stake Sale

Abu Dhabi’s state energy company is seeking to raise up to 1.2 billion dirhams ($328 million) through a secondary share sale in its logistics arm.

ADNOC To Sell 3% Stake Of Its Logistics And Services Unit, ADNOC L&S

ADNOC L&S performed favourably in the past year, reporting a record-breaking performance in the second quarter of 2025, with revenue increasing 40% and EBITDA witnessing a 31% year-over-year growth.  The Abu Dhabi National Oil Company (ADNOC) plans to sell a 3% stake in its logistics and services unit, ADNOC L&S. The company announced that it will offer 222 million shares to institutional investors to increase its availability and trading on the…

ADNOC secures $317m from institutional placement

ADNOC has completed an institutional placement, raising $317m by offering a 3% stake in its logistics and services unit.

ADNOC to sell 3% stake in logistics and services unit via bookbuild offering

The stake in ADNOC L&S, of up to 222 million shares, will be offered to professional investors in the UAE and institutional investors "elsewhere", ADNOC said in a statement