1 Day
Source:
Sky News
Al-Imad Holding plans to buy Abu Dhabi Ports shares
Al Emad Holding Company, affiliated with the Abu Dhabi government, intends to make a conditional cash acquisition offer to buy the entire shares of Abu Dhabi Ports, of which it currently owns 75.42%. The offer price is set at 6.25 AED per share, representing a 23% premium over the last closing price and a 95% increase compared to the listing price in 2022. The aim of this offer is to complete full ownership through a structured process in accordance with the Capital Markets Authority regulations.
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