Omani Fertilizer Firm Draws $12 Billion In Orders

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Oman India Fertiliser Co. has attracted over $12 billion in orders in its IPO, marking the Middle East's largest listing since the regional conflict began. The firm aims to raise $678 million from the share sale.

Oman India Fertiliser Co.’s initial public offering has drawn over $12 billion in orders, in the Middle East’s largest listing since the outbreak of the regional conflict. The fertilizer producer is set to raise $678 million via the share sale, Laura Gardner Cuesta reports. (Source: Bloomberg)