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Deals Rumor Mill: Adnoc, Hutchison Global, Flipkart

Law360, New York (July 18, 2017, 2:56 PM EDT) -- Abu Dhabi National Oil Co. has tapped Moelis & Co. to assist as the state-owned oil giant prepares an initial public offering of shares in its service stations unit, Reuters reported Tuesday. According to the report, Moelis is also expected to help Adnoc raise money through joint venture partnerships. Reports last week said an IPO of Adnoc shares could value the business at up to $14 billion.

TPG Capital Management LP and MBK Partners have teamed up to bid on Hong Kong-based fixed-line phone company Hutchison...
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