It has no shares in Aramex while Abu Dhabi Ports, which is itself 75.42 per cent owned by ADQ, owns 22.69 per cent of the shares in Aramex. The proposed deal values the Dubai-listed courier ...
Abu Dhabi's sovereign investor, ADQ, has solidified its position in the logistics sector by acquiring a majority stake in ...
However, the potential acquisition of Aramex represents an opportunity for both companies’ shareholders to profit from the transaction in the medium term. Q Logistics with their balance sheet ...
Supplied Dubai: Abu Dhabi’s Q’s Logistics has reached a milestone in its takeover plans for DFM-listed Aramex. As of now, its shareholding in the Dubai logistics company totals 63.26% - this ...
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.
ADQ subsidiary Q Logistics had made a voluntary conditional cash offer to acquire up to 100% of the issued and paid-up share ...
GULFNEWS ARCHIVE Dubai: Aramex, the Dubai-based logistics company, has been acquired by Q, marking one of the bigger corporate takeovers in the UAE. Q Logistics is part of ADQ, the Abu Dhabi ...
Abu Dhabi sovereign ADQ will become the majority owner of Dubai-based courier firm Aramex after reaching cumulative ownership of 58% of its shares. The sovereign already held 22.69% of the shares ...
The transaction, once completed, will position ADQ as the majority shareholder in Aramex with a cumulative ownership of 58 percent of shares ...
DUBAI (Reuters) - 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 ...
Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a tender offer. In January, Q Logistics said it wanted to acquire up to 100% of ...