Launch Partners

Launch Partners

Etihad Airways adds four more banks for upcoming IPO

UAE: Etihad Airways selected Abu Dhabi Commercial Bank, Bank of America Corp, BNP Paribas and Morgan Stanley as the joint bookrunners for a planned IPO, Bloomberg reported. Abu Dhabi wealth fund ADQ, which owns the airline, is reportedly eyeing a listing at the end of 2024 to boost trading on the domestic stock market.

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