ADNOC acquires 25% stake in Austria’s Borealis from Mubadala
April 29, 2022 Comments Off
Abu Dhabi National Oil Company has bought a 25% stake in Austria’s Borealis from the UAE’s sovereign wealth fund Mubadala, the company said in a statement April 29. The investment will allow ADNOC to expand into the chemical and petrochemical sectors in Europe and the Americas, the company said in a statement. The transaction comes ahead of the planned listing…
ADNOC acquires 25% stake in Austria’s Borealis from Mubadala
Abu Dhabi National Oil Company has bought a 25% stake in Austria’s Borealis from the UAE’s sovereign wealth fund Mubadala, the company said in a statement April 29. The investment will allow ADNOC to expand into the chemical and petrochemical sectors in Europe and the Americas, the company said in a statement. The transaction comes ahead of the planned listing…
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