Tuesday, 12 December 2017 02:03 GMT
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UAE's Taqa to sell USD180 m-worth shares

(MENAFN) Abu Dhabi National Energy (Taqa) plans to list shares in one of its foreign subsidiaries, with an IPO of its Moroccan operations, according to the National. The company plans to raise USD180 million by selling new shares in Jorf Lasfar Energy Company (JLEC) ), its wholly owned Moroccan subsidiary. The company plans to sell 2.23 million new shares via an IPO on the local bourse between December 10 and 12.


UAE's Taqa to sell USD180 m-worth shares

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