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No management shake-up at SODIC
SODIC management is staying on post-ADQ / Aldar acquisition: The Emirati consortium of real estate giant Aldar Properties and Abu…
Aldar, ADQ are now SODIC’s majority shareholders
The Aldar-ADQ consortium officially owns 85.5% of SODIC: The Emirati consortium of real estate giant Aldar Properties and Abu Dhabi…
SODIC is officially getting Emirati owners
The Aldar / ADQ takeover of SODIC is going through: SODIC shareholders have so far agreed to sell shares equivalent…
THIS MORNING: Eye on inflation ahead of central bank interest rate meeting + a crazy-busy news day
It’s one heck of a busy news day today, wonderful people, so let’s jump right in and get this show…
SODIC approves Aldar offer despite falling short of fair value report benchmark
SODIC’s board of directors has approved a bid from Aldar Properties and ADQ despite the offer price falling short of…
TONIGHT: We’re still at zero Omicron at home + SODIC gives Aldar-ADQ offer its blessing
It’s another Omicron-led news day, ladies and gentlemen. The new variant is still very much driving the conversation abroad on…
A final offer?
The Emirati consortium bidding to acquire upmarket developer SODIC will not up its bid again if shareholders reject the price…
TONIGHT: Booster jabs coming for high-risk individuals here at home + OC joins Ain Sokhna green hydrogen project + markets shrug at Biden’s oil dump
It’s an unexpectedly brisk news day, considering it’s been a generally calm week so far. We’re certainly not complaining —…
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