FTSE adds ADNOC Drilling to three of its global equity indices -statement

  • 10/17/2021
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DUBAI, Oct 17 (Reuters) - Index publisher FTSE Russell has added ADNOC Drilling to three of its global equity indices, according to a statement from ADNOC Drilling. ADNOC Drilling has been added to the FTSE Global Large Cap Index, the FTSE Emerging Index, and the FTSE All-World Index, it said in a statement. The index publisher, against whose indexes funds benchmark trillions of dollars of assets, earlier announced the same to clients on October 4. ADNOC Drilling is a unit of Abu Dhabi National Oil Co. Baker Hughes retains a 5% share in the company. ADNOC Drilling went public earlier this month via a $1.1 billion initial public offering through the sale of a 11% share in the company to investors. Reporting by Hadeel Al Sayegh Editing by Raissa Kasolowsky Our Standards: The Thomson Reuters Trust Principles. PAID PROMOTIONAL LINKS Promoted by Dianomi

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