Lamaad proposes takeover of Abu Dhabi Ports

L'Amad Company, the sovereign investor affiliated with the Abu Dhabi government, has successfully completed its takeover offer for the majority shares of Abu Dhabi Ports Group. As a result, its stake will increase from 75.4% to over 98.5% upon the settlement completion by October 9, 2026. This acquisition is part of a strategic plan to strengthen L'Amad's assets and its role in logistics and supporting the Emirates' global connectivity, including the development of major projects such as the KEZAD free zone and the national railway network. Known advisors and banks have been appointed to assist in closing the deal, with regular timeline updates being published on the Abu Dhabi Securities Exchange platforms.

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