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Posted inCALENDAR

JULY 7-25 July (Monday-Friday): Subscription window for Al Mal Capital REIT’s follow-on offering on the DFM. 29-30 July (Tuesday-Wednesday): US Federal Reserve’s Federal Open Market Committee meeting. AUGUST 8-15 August (Friday-Friday): Expected trading window for Al Mal Capital REIT’s new units on the DFM. SEPTEMBER 1-6 September (Monday-Saturday): Dubai Fashion Week, Dubai Design District. 8-10 […]

Posted inM&A WATCH

ADQ takes control of Aramex with 63.2% stake

Abu Dhabi sovereign wealth fund ADQ finalized the acquisition of a 63.2% stake in DFM-listed logistics giant Aramex, slightly below the previously expected 63.3%, according to a press release (pdf). The offer became unconditional after receiving regulatory approvals and internal clearances The transaction was completed through a voluntary tender offer by Q Logistics Holding, ADQ’s […]

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