Adnoc Is Said to Pick Lead Banks for Mega IPO of Gas Unit
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Abu Dhabi National Oil Co. has chosen banks to lead an initial public offering of its natural gas business next year, people with knowledge of the matter said.
State-owned Adnoc picked Goldman Sachs Group Inc., Bank of America Corp. and First Abu Dhabi Bank PJSC as joint global coordinators of the proposed share sale, the people said, asking not to be identified because the information is private.