FERTILIZER FRENZY

Traders rush to get in on Oman India Fertiliser’s $678M IPO

The offering valued the firm at $2.7 billion and drew demand from Mubadala, Oman Investment Authority and Qatar Investment Authority

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Fields at date farm in Birkat Al Mouz in Oman

Oman India Fertilizer Co. attracted more than $12 billion in orders for its $678 million IPO, making it the Middle East’s largest share sale since the outbreak of the Iran conflict.

The offering was priced at the...