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The transaction represents a significant milestone in ADQ’s strategy to deepen its investment in global logistics and supply ...
ADQ said the acquisition of a controlling stake in Aramex strengthens its position in the services layer of the logistics ...
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 is now a majority shareholder in Aramex through a 35.31% stake acquired via the tender offer from unit Q Logistics, having previously held a 22.69% stake through Abu Dhabi Ports Group.
Dubai-listed courier Aramex, partly owned by Abu Dhabi state investor ADQ, is in advanced talks to buy Turkish delivery company MNG Kargo, three sources said. The potential deal, which one of the ...
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.
Aramex, in which ADQ bought a 22.25% stake last year, announced this week it has split its core businesses to capture growth in the post-COVID-19 transportation and logistics industry. read more ...
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.
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.