15 Hrs
Source:
المشهد العربي
ADQ finalizes Abu Dhabi Ports share deal
Abu Dhabi Developmental Holding Company ("ADQ") has completed all conditions for its voluntary cash offer to purchase up to 100% of the shares of Abu Dhabi Ports Group, at a price of 6.25 AED per share. The payment and transfer of ownership will be executed on September 25, 2026, which will increase the company's stake to 98.93% of the group's capital. ADQ initially made the offer in August to acquire a 24.58% stake, with the purchased shares valued at approximately 1.25 billion shares.
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