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ADQ clears 98.50% threshold to take AD Ports Group fully private
ADQ can now apply for a mandatory acquisition of the remaining 1.5% within 60 days of settlement, taking AD Ports…
XRG completes Southern Gas Corridor stake acquisition
The company didn’t disclose the size or the value of the stake
Flynas buys 10% of Swissport Saudi Arabia ground game
The agreement gives the carrier a call option to acquire another 10% if the commercial agreement between the two companies…
Egypt’s last state holdout says it won’t sell Alexandria Containers stake to AD Ports
The General Authority for Alexandria Port has no intention of selling any of its shares to Black Caspian Logistic
Kipco moves 36.3% of JTC Logistics to Napesco
JTC operates across port management, contract logistics, warehousing, equipment leasing, and power rental
TODAY: DP World expands African port capacity + Fujairah is getting a Mediterranean oil terminal
What we’re tracking this morning regionally and around the world
A.P. Moller Capital takes control of Morocco’s Globex
The size of the stake and transaction value were not disclosed, and the move will require clearance from Morocco’s Competition…
L’imad moves for full control of AD Ports as capital needs rise
ADQ still needs to clear regulatory approvals and conduct due diligence before it can issue a formal offer
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