PIF Named Anchor Investor in Oman Oil-Drilling IPO
Oman's OQ SAOC is looking to secure $244 million from the initial public offering of its oil-drilling unit, Abraj Energy Services SAOC, with Saudi Arabia's wealth fund as its anchor investor. This is set to be Oman's largest IPO since 2010.
The IPO will see...
Italian Design Brands to Launch IPO in Q2
Italian Design Brands is exploring the possibility of launching its initial public offering (IPO) on the Italian Stock Exchange in Milan, two sources familiar with the matter revealed on Friday. The company is expected to launch its IPO sometime during the second quarter of...