L’Imad is seeking to acquire the 24.58% of AD Ports Group it does not already control for around AED7.8 billion (US$2.1 billion), reversing the company’s 2022 listing four and a half years after outside investors provided AED4 billion (US$1.1 billion) of new equity to support its expansion. The AED6.25 (US$1.70)-per-share...
L’Imad is seeking to acquire the 24.58% of AD Ports Group it does not already control for around AED7.8 billion (US$2.1 billion), reversing the company’s 2022 listing four and a half years after outside investors provided AED4 billion (US$1.1 billion) of new equity to support its expansion. The AED6.25 (US$1.70)-per-share...