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ADNOC completes private placement of 1.25 billion shares of ADNOC Distribution
Shares sold to institutional investors with a total value of Dh3.7 billion
by Staff ReportADNOC has completed a private placement of 1.25 billion shares of ADNOC Distribution listed and traded on the Abu Dhabi Securities Exchange.
The shares were sold to institutional investors with a total value of Dh3.7 billion, in a deal considered the largest of its kind in the region for a publicly listed company.