Core Insights - Emirates Global Aluminium (EGA) has selected banks to prepare for a potential initial public offering (IPO), which could become one of the largest listings in the Middle East [1] - The company is in discussions with Citigroup, Goldman Sachs, Emirates NBD Capital, and First Abu Dhabi Bank to lead the IPO transaction [1] - EGA faces multiple challenges, including the impact of U.S. tariffs on aluminum products [1] Company Strategy - To mitigate the impact of U.S. tariffs, EGA completed its first acquisition in the U.S. last year to secure duty-free aluminum supply [1] - The company plans to invest $4 billion in building a factory in Oklahoma [1] Market Context - The Middle East has become a hotspot for global IPOs, with several large listings in recent years [1] - Notable IPOs include Saudi Aramco raising $29.4 billion in 2019, Dubai Electricity and Water Authority raising $6.1 billion in 2022, and Talabat and OQ raising approximately $2 billion each through stock issuance last year [1]
中东最大铝企EGA启动IPO筹备 选定四大行牵头
Ge Long Hui A P P·2025-09-19 13:09