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Adia backs USD 900 mn travel startup Flyr
Flyr is on the lookout for more acquisitions
Adia consortium acquires Hargreaves in GBP 5.41 bn takeover
The consortium plans to finance part of the acquisition with a GBP 1.72 bn interim senior loan facility
THIS MORNING: Adia eyes stake in Vodafone Idea? + Flying taxis could come earlier than expected
Plus: Oil tankers flying Eswatini’s flag banned from arriving at Emirati ports
Adia consortium offloads 10% of Galderma to L’Oréal
Adia acquired Galderma as part of a consortium for c. USD 11.9 bn from Nestlé in 2019
Deadline pushed for Adia consortium to finalize bid for Hargreaves Lansdown + Abu Dhabi’s hotel occupancy rates to hit new record this summer?
Plus: Yesterday saw USD 6.4 tn wiped from global stock markets
Visa overstay amnesty period in September + could someone acquire The Spectator from RedBird-IMI as soon as this month?
UFC Fight Night kicks off tomorrow in Abu Dhabi
Mashreq provides instant payments for MultiBank’s corporate clients
Arqaam Capital will offer securities lending services for ADX securities
Fuel prices hiked in August + Is ADIA closer to acquiring a stake in Haldiram?
Plus: Egyptian fintech MNT-Halan is looking to expand to the UAE
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