{"id":645130,"date":"2017-07-12T04:16:52","date_gmt":"2017-07-12T04:16:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/"},"modified":"2017-07-12T04:16:52","modified_gmt":"2017-07-12T04:16:52","slug":"adnoc-mulls-ipo-of-its-service-stations-unit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/","title":{"rendered":"ADNOC mulls IPO of its service stations unit"},"content":{"rendered":"

Abu Dhabi National Oil Co (ADNOC) is reportedly planning an IPO of its service stations unit, with a value of as much as USD 14 bn<\/strong>, Bloomberg reports<\/a>. ADNOC is expected to tap investment banks for the listing as early as this week. Sources tell Bloomberg, however, that the IPO is not certain, and the plans may be scrapped. The company had said earlier this week it was considering selling minority stakes in some of its service units, and was looking to accelerate its growth in cooperation with international partners.<\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Dhabi National Oil Co (ADNOC) is reportedly planning an IPO of its service stations unit, with a value of as much as USD 14 bn, Bloomberg reports. ADNOC is expected to tap investment banks for the listing as early as this week. Sources tell Bloomberg, however, that the IPO is not certain, and the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645130","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"125282a5-9289-4f2c-9e6c-fdfd19d637e7","order":"0","is_powered_by":true,"section_story_id":"ab2e0559-a55f-4ced-bca1-fbeffb04bf6b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645111],"teaser":"","voice_url":""},"yoast_head":"\nADNOC mulls IPO of its service stations unit - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADNOC mulls IPO of its service stations unit\" \/>\n<meta property=\"og:description\" content=\"Abu Dhabi National Oil Co (ADNOC) is reportedly planning an IPO of its service stations unit, with a value of as much as USD 14 bn, Bloomberg reports. ADNOC is expected to tap investment banks for the listing as early as this week. Sources tell Bloomberg, however, that the IPO is not certain, and the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-12T04:16:52+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ADNOC mulls IPO of its service stations unit\",\"datePublished\":\"2017-07-12T04:16:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\",\"name\":\"ADNOC mulls IPO of its service stations unit - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-12T04:16:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ADNOC mulls IPO of its service stations unit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ADNOC mulls IPO of its service stations unit - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/","og_locale":"en_US","og_type":"article","og_title":"ADNOC mulls IPO of its service stations unit","og_description":"Abu Dhabi National Oil Co (ADNOC) is reportedly planning an IPO of its service stations unit, with a value of as much as USD 14 bn, Bloomberg reports. ADNOC is expected to tap investment banks for the listing as early as this week. Sources tell Bloomberg, however, that the IPO is not certain, and the […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-07-12T04:16:52+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"ADNOC mulls IPO of its service stations unit","datePublished":"2017-07-12T04:16:52+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/"},"wordCount":97,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/","name":"ADNOC mulls IPO of its service stations unit - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-07-12T04:16:52+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/adnoc-mulls-ipo-of-its-service-stations-unit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"ADNOC mulls IPO of its service stations unit"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":637355,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/adnoc-to-sell-at-least-10-stake-in-fuel-stations-unit-in-december-adx-ipo\/","url_meta":{"origin":645130,"position":0},"title":"ADNOC to sell at least 10% stake in fuel stations unit in December ADX IPO","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"IPO WATCH- Abu Dhabi\u2019s ADNOC took a step toward its previously hinted sale of least 10% of its fuel stations unit in a December IPO in the Abu Dhabi Stock Exchange, ADNOC CEO Sultan Ahmed Al Jaber said on Monday in an interview with Bloomberg. The move would make it\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639087,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/adnoc-to-list-shares-on-adx-efg-hermes-involved\/","url_meta":{"origin":645130,"position":1},"title":"ADNOC to list shares on ADX, EFG Hermes involved","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"IPO WATCH- EFG Hermes gets a piece of ADNOC\u2019s ADX IPO: Abu Dhabi National Oil Company (ADNOC) is planning to issue shares in its gas stations unit this year on the Abu Dhabi Stock Exchange, Bloomberg reports. Sources said that \u201cGoldman Sachs Group Inc., Morgan Stanley and EFG-Hermes are helping\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637632,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/adnoc-to-ipo-as-much-as-20-of-fuel-distribution-unit-in-december\/","url_meta":{"origin":645130,"position":2},"title":"ADNOC to IPO as much as 20% of fuel distribution unit in December","author":"enterpriseam admin","date":"21 November 2017","format":false,"excerpt":"IPO WATCH- Abu Dhabi National Oil Company (ADNOC) plans to IPO as much as 20% of its fuel-distribution unit ADNOC for Distribution in the Abu Dhabi Stock Exchange on 13 December, Bloomberg reports. The pricing range for the book-build will be announced on 26 November. ADNOC is looking for a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578077,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/14\/adnoc-appoints-banks-to-take-lead-on-ipo-of-gas-business-says-bloomberg\/","url_meta":{"origin":645130,"position":3},"title":"Adnoc appoints banks to take lead on IPO of gas business, says Bloomberg","author":"enterpriseam admin","date":"14 December 2022","format":false,"excerpt":"Adnoc is moving ahead with its big IPO plans for gas unit: The Abu Dhabi National Oil Company (Adnoc) has tapped several banks to lead a planned IPO for its gas unit next year, Bloomberg reported, citing people in the know. The state energy company has reportedly chosen Goldman Sachs,\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/300.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584859,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/06\/another-big-ipo-in-the-pipeline-for-uaes-adnoc\/","url_meta":{"origin":645130,"position":4},"title":"Another big IPO in the pipeline for UAE\u2019s Adnoc","author":"enterpriseam admin","date":"6 April 2023","format":false,"excerpt":"The company could go to market as soon as May","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/287.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581829,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/26\/adnoc-gas-ipo-sees-huge-demand\/","url_meta":{"origin":645130,"position":5},"title":"Adnoc Gas IPO sees huge demand","author":"enterpriseam admin","date":"26 February 2023","format":false,"excerpt":"Adnoc Gas\u2019 USD 2 bn IPO covered within hours: The natural gas arm of the UAE\u2019s Adnoc covered the orderbook for its IPO within hours of opening on Thursday, Bloomberg reports citing a message seen by investors. Some USD 850 mn was committed by cornerstone investors including Abu Dhabi state-linked\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=645130"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645130\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645111"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645130"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645130"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}