#Initial Public Offering

Saudi Arabia raises $12.35bn from Aramco’s share sale

Saudi Arabia raises $12bn from Aramco’s share sale

The government sold a 0.64 per cent stake in Aramco last month, with an additional 154 million shares available for stabilising manager Merrill Lynch

Oman’s Asyad plans to list shipping unit, hires advisers

Oman’s Asyad plans to float Asyad Shipping, hires advisers, sources say

The company focuses on transporting LNG to the international market, and its fleet includes very large crude carriers and product and chemical tankers

Dubai’s Parkin seeks to raise up to $429m from IPO

Dubai’s Parkin sets IPO price range of up to Dhs2.1 per share

The company will offer around 25 per cent stake, in the emirate’s first privatisation deal this year, giving it an overall valuation of up to Dhs6.3bn

Dubai’s Averda said to be in Better World SPAC merger talks

Dubai-based provider of waste-disposal services Averda is in talks to go public through a merger…