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ADNOC and Borealis will sell a 10% stake in their joint venture polymer giant Borouge to the public
On Wednesday, Abu Dhabi National Oil Company (ADNOC) and its long-time partner Borealis AG announced their plan to list 10% of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX) in an initial public offering (IPO).
Subject to regulatory approvals...