Saudi Driller ADES Set to Gauge Interest in $1 Billion IPO
- Oil and gas driller targeting first-half listing in Riyadh
- Company has picked Lazard as a financial adviser on listing
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ADES International Holding, the Saudi oil and gas driller backed by the kingdom’s sovereign wealth fund, plans to kick off investor meetings for its planned initial public offering as soon as this month, people familiar with the matter said.