#Latest news with #AsyadShippingCo.Bloomberg18-02-2025BusinessBloombergShipping Firm Owner Seeks Up To $333 Million in Oman IPOA conglomerate backed by Oman's sovereign wealth fund is set to raise as much as OMR128.1 million ($332.7 million) from the initial public offering of its shipping business. Asyad Group SAOC will sell a 20% stake in the unit, or about 1.04 billion shares, between 117 baisas and 123 baisas apiece, according to a statement on Tuesday. Asyad Shipping Co. will be valued at $1.66 billion at the top end of that range.
Bloomberg18-02-2025BusinessBloombergShipping Firm Owner Seeks Up To $333 Million in Oman IPOA conglomerate backed by Oman's sovereign wealth fund is set to raise as much as OMR128.1 million ($332.7 million) from the initial public offering of its shipping business. Asyad Group SAOC will sell a 20% stake in the unit, or about 1.04 billion shares, between 117 baisas and 123 baisas apiece, according to a statement on Tuesday. Asyad Shipping Co. will be valued at $1.66 billion at the top end of that range.
18-02-2025
