Abu Dhabi Ports shares rise 15%

Lemad, the sovereign investor affiliated with the Abu Dhabi government, announced a voluntary cash takeover offer for up to 100% of Abu Dhabi Ports Group's shares, causing the company's stock to rise by 15% at the Abu Dhabi Stock Exchange opening. The aim of the offer is to reinforce Lemad's ownership in the company, which is one of the leading port and logistics service providers listed on the Abu Dhabi Securities Market.

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