Abu Dhabi's L'IMAD to Take Near-Full Control of AD Ports Group in Landmark Dh6.25-a-Share Deal
Abu Dhabi's sovereign investment vehicle L'IMAD has concluded its voluntary tender offer for AD Ports Group, raising its stake to more than 98.5 percent. The Dh6.25-a-share deal, expected to settle by October 9, marks the latest in a string of full-control acquisitions by the emirate's wealth fund.