Petrochemicals company Borouge has joined three world-renowned FTSE Russell indices after conducting Abu Dhabi’s largest listing earlier this month.
The ADX-listed company has been included in FTSE Russell’s FTSE Global Equity Index Series, which includes the FTSE Emerging Index, the FTSE Global Large Cap Index and the FTSE All-World Index.
These indices are used by investors worldwide to make asset allocation decisions and to assist in portfolio construction.
Earlier this month, ADNOC and Borealis completed the listing of Borouge with 10 percent of its total issued share capital on the Abu Dhabi Securities Exchange.
The transaction raised more than US$2 billion and became the largest IPO ever in Abu Dhabi.
Borouge provides polyolefin solutions for key industries such as energy, agriculture and healthcare.
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