L'imad Holding Offers to Delist AD Ports at $8.66 Billion Valuation

Abu Dhabi wealth fund L’imad Holding has made an offer to buy out minority shareholders in the city’s port operator, AD Ports, valuing the firm at 31.8 billion dirhams ($8.66 billion). This move could potentially reverse the emirate’s recent push to bring more strategic holdings to market.

17 Aug, 04:52 — 17 Aug, 04:52

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bloombergHigh12h ago

UAE’s L’imad Offers to Delist AD Ports at $8.66 Billion Value

Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), in a move that could reverse the emirate’s recent push to bring more strategic holdings to public markets.

By Laura Gardner Cuesta and Dinesh Nair

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L'imad Holding Offers to Delist AD Ports at $8.66 Billion Valuation

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UAE’s L’imad Offers to Delist AD Ports at $8.66 Billion Value

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