The transaction will see ADNOC’s share in Fertiglobe at 86.2% while the free float traded on the Abu Dhabi Securities Exchange (ADX) will remain at 13.8%.
Fertiglobe aims to secure more long-term sales contracts for low-carbon ammonia, following Adnoc’s acquisition of a majority stake in the company, according to its chief executive. The move will ...
Adnoc on Tuesday announced the completion of its acquisition of OCI Global’s 50 per cent + 1 shareholding in Fertiglobe plc, ...
Abu Dhabi National Oil Company (ADNOC) has announced that its acquisition of OCI’s 50 per cent + 1 share stake in Fertiglobe, ...
Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, exporting to 53 countries with some 10 ...
Stock exchanges in United Arab Emirates closed higher on Friday, with Abu Dhabi boosted by a surge in Adnoc and OCI- owned ...
Fertiglobe is the world’s largest seaborne exporter of ammonia, which is expected to become a major shipping fuel and the primary method of transporting clean hydrogen around the world ...
OCI Global (Euronext: OCI) ("OCI" or the "Company"), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its entire 50% +1 ...
This move will take ADNOC's shareholding in Fertiglobe to 86.2% ... OCI's 50%-plus-one-share stake at Dh3.20 per share, amounting to a total purchase price of Dh13.28bn ($3.62bn).
OCI Global announces successful completion of the sale of its 50% equity interest in Fertiglobe to Abu Dhabi ... free debt-free basis (the "Purchase Price") and allows OCI to fully exit and ...
Fertiglobe has announced the successful completion of Abu Dhabi National Oil Company’s (Adnoc) acquisition of OCI Global’s entire 50% +1 share stake in Fertiglobe.
Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, exporting to 53 countries with a ~10% collective market share of global trade in ... ammonia offtake to Europe at a ...