Lemad qualifies to acquire Abu Dhabi Ports
Leemad Company, a wholly owned subsidiary of ADQ, announced that it has met all conditions for the takeover offer of the remaining shares in Abu Dhabi Ports Group. The completion of the process and the deal settlement are expected by October 9, 2026, at a price of 6.25 AED per share. Leemad had submitted an optional cash offer to acquire all remaining shares on August 18, 2026, and the deadline for accepting the offer remains September 15, 2026.
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