Abu Dhabi’s ADQ will become the majority shareholder in Aramex following a successful voluntary tender offer, submitted by Q ...
Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a ...
ADQ through Q Logistics thus creates a UAE-based logistics powerhouse The deal for Aramex is done. Things moved fast after ADQ through Q Logistics put up the offer to acquire majority stake in Aramex.
The transaction, once completed, will position ADQ as the majority shareholder in Aramex with a cumulative ownership of 58 percent of shares ...
This strategic move positions ADQ as the majority shareholder in Aramex, further enhancing its commitment to strengthen the UAE’s logistics capabilities. The acquisition was made possible ...
As per SCA regulations, ADQ has discretion to accept shares from shareholders who did not tender during the offer period until 3:00pm (UAE time) on 24 March 2025 at the offer price of AED 3.00 per ...
Abu Dhabi sovereign ADQ will become the majority owner of Dubai-based courier firm Aramex after reaching cumulative ownership ...
DUBAI, March 11 (Reuters) - Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex (ARMX.DU), opens new tab after completing a tender offer.
The United Arab Emirates’ pledge to invest $51 billion in Turkey is faltering two years after it was announced, as a rebound ...
Staff reporter Sheikh Tahnoon Bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Member of the Supreme Council for Financial ...
ADQ, an Abu Dhabi-based investment and holding company, celebrated its title sponsorship of UAE Team ADQ, the first official women’s cycling team in the region, ahead of International Women’s Day.