Qatar Petroleum plans $50bn IPOs for units

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State-owned Qatar Petroleum plans to offer shares in four of its units in coming years, Hussain al-Abdulla, executive board member of Qatar Holding, the investment arm of the sovereign wealth fund, said on Wednesday.

"There are four companies with QP now ready to list on Qatar Exchange," Abdulla said.

"This will be in coming years," he later told reporters. "About 50 billion USD total," he said, when asked about the value of the offerings.

He declined to specify the names of the companies.

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