Abu Dhabi’s sovereign wealth fund ADQ has completed its majority buyout of Aramex, securing a 63.16% stake to integrate the ...

ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, announced on Tuesday that it ...

Abu Dhabi Developmental Holding Company (ADQ), the Abu Dhabi-based sovereign wealth fund, has completed the acquisition of a ...

ADQ said the acquisition of a controlling stake in Aramex strengthens its position in the services layer of the logistics ...

The transaction represents a significant milestone in ADQ’s strategy to deepen its investment in global logistics and supply ...

Its subsidiary, Q Logistics Holding, has now received all required antitrust and FDI regulatory and statutory approvals within and outside of the UAE ...

Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a tender offer. ADQ is now a majority shareholder in Aramex through a 35.31% ...

The combined holdings now grant ADQ a controlling interest of 63.26% in the logistics company. The tender offer was priced at AED 3.00 per share, valuing Aramex at approximately AED 4.39 billion.

Abu Dhabi government-owned holding company ADQ has transferred a 22.32% stake in logistics firm Aramex, which it acquired in 2020, to Abu Dhabi Ports, another company in its portfolio, Aramex said.

The cash offer will be launched through ADQ 's unit Q Logistics Holding at a price of 3 dirhams ($0.82) per share, a premium of around 30% to Dubai-listed Aramex 's closing price on Friday of 2.31 ...

DUBAI, Sept 17 (Reuters) - Abu Dhabi-backed holding company ADQ said on Thursday it has acquired about a 22% stake in Dubai-based courier Aramex ARMX.DU, making it the company's biggest shareholder.

Abu Dhabi sovereign wealth fund ADQ has completed its acquisition of regional courier Aramex after regulatory approval, amid efforts to boost the UAE's position as a logistics hub. ADQ will become the ...