ADQ Said to Explore Etihad Listing in First for Gulf Hub Carrier - Bloomberg
Abu Dhabi’s ADQ is considering a listing for Etihad Airways PJSC, potentially making it the first of the Gulf’s major hub carriers to become publicly-traded, according to people familiar with the matter.
The wealth fund has held discussions with banks about a possible deal as soon as this year, the people said, asking not to be identified because the information isn’t public. ADQ has been evaluating whether to pursue a traditional IPO as well as a direct listing, the people added.
Deliberations are ongoing and details such as the size and timing of any listing are still undecided.
Spokespeople for ADQ and the airline declined to comment.
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