REG - Abu Dhabi Dev. Hol. - ADQ completes acquisition of stake in Aramex
ADQ completes acquisition of stake in Aramex
ADQ has completed the acquisition of a majority stake in Aramex, bringing its total shareholding to 63.16 percent when combined with AD Ports Group, in which it holds a majority stake. The voluntary tender offer is now unconditional following all required regulatory and internal approvals.
Aramex will join ADQ's Transport & Logistics cluster, accelerating the development of a UAE-anchored logistics platform that supports regional trade and economic growth.
For further information, please contact:
Abu Dhabi Developmental Holding Company PJSC
P.O. Box 164, Abu Dhabi, United Arab Emirates
Telephone:
+971 2 204 0000
Email:
investorrelations@adq.ae (for investor queries)
media@adq.ae (for media queries)
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