(This March 7 story has been corrected to remove the descriptor of Rothschild & Co in paragraph 2)
(Reuters) – Abu Dhabi wealth fund ADQ has chosen advisers, including HSBC Holdings, Citigroup and First Abu Dhabi Bank, for a potential initial public offering of Etihad Airways, Bloomberg News reported on Thursday.
Rothschild & Co is acting as an independent financial adviser to ADQ, which owns the United Arab Emirates’ national carrier, the report said, citing people familiar with the matter.
The fund had previously been weighing a direct listing for Etihad instead of a traditional IPO, the…