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الاقتصادية
ADQ meets Abu Dhabi Ports acquisition criteria
Lēmed, the sovereign investment company affiliated with the Abu Dhabi government, announced that it has met the conditions for a voluntary cash takeover bid for shares of Abu Dhabi Ports Group, aiming to increase its stake to more than 98.5%. Previously, Lēmed held 75.4% of the group, and a price of 6.25 Emirati dirhams per share will be paid, representing a premium of 23-31% over the previous closing price and the highest of the previous subscription price for the group's listing. Settlement and payment for the shares are scheduled to be completed by October 9, 2026, strengthening Lēmed’s control over its key assets in the ports and logistics services sector in Abu Dhabi.
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