Chemical Joint Venture Borouge IPO Raises $2 Billion, Share Price Increases by 20% with $24 Billion Market Value
3rd June 2022 | Hong Kong
Borouge, a chemical joint venture between Adnoc & Borealis, has raised $2 billion (10% share sale) at IPO, with share price increasing by more than 20% with market value of $24 billion on day 1 of trading (3/6/22, Abu Dhabi Securities Exchange). The IPO attracted more than $83 billion of order placement worldwide. Adnoc (Abu Dhabi National Oil Company (ADNOC), is a diversified and integrated group of energy companies and is one of the world’s largest oil company. Borealis, an Austrian chemical company, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals.
“ Chemical Joint Venture Borouge IPO Raises $2 Billion, Share Price Increases by 20% with $24 Billion Market Value “
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit