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MacKenzie Bezos’ stake in Amazon is worth more than the market values of nearly 70 percent of the components of the S&P 500. The settlement suggests that Amazon will be spared the kind of boardroom battle that has plagued other companies whose owners are dealing with family rifts, even though the divorce had jolted the once-private Bezos couple into the public spotlight. Jeff Bezos re-tweeted MacKenzie’s statement and added in a separate post that he was grateful “for her support and for her kindness in this process.” bronze cufflinks australia.
Liat Sadler, a San Francisco matrimonial lawyer, said the settlement should put investors at ease. “They’ve done a lot of work behind the scenes to make their breakup as amicable as it seems,” she said. Still, Sadler added, “Without knowing what cash she received, I have no idea how favorable it was to him or not.”. The day the couple announced their separation on Twitter, the National Enquirer promised to reveal an affair by Jeff Bezos that it claimed had ended their marriage, contrary to the couple’s statement that they were on a “long period of loving exploration and trial separation.” bronze cufflinks australia.
DUBAI (Reuters) – Abu Dhabi National Oil Company (ADNOC) is considering a secondary listing for its subsidiary ADNOC Distribution overseas, three sources told Reuters. In 2017 ADNOC listed 10 percent of ADNOC Distribution, the largest operator of petrol stations and convenience stores in the United Arab Emirates, on the Abu Dhabi Securities Exchange bronze cufflinks australia. Reuters reported last June that ADNOC was considering selling another 10 percent stake in its fuel distribution business. ADNOC Distribution was seeking a minimum free float of 15 percent to improve its chances of joining the MSCI Emerging Markets Index and attract more international investors, a source told Reuters at the time..
One of the sources said ADNOC was considering listing ADNOC Distribution on New York’s Nasdaq exchange, while a second source added that a London listing had also been discussed. Another source said that Abu Dhabi was also one of the options being discussed. The company started discussing an international listing “a while ago,” said one of the sources, adding that there was no imminent plan to proceed with the transaction. The sources declined to be named due to commercial sensitivities bronze cufflinks australia.
A spokesman for ADNOC said: “As evidenced from ADNOC Distribution’s solid financial results in 2018, the company continues to deliver on its business objectives and is making good progress in the implementation of its growth plans bronze cufflinks australia. This remains our focus at present. ADNOC does not comment on market speculation.”. The sale of more shares in ADNOC Distribution, should it materialize, would be the latest sign that the Gulf’s giant oil companies are increasingly turning to international capital markets to fund expansion..