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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
ADIA backs Adani Energy in secondary share shale
ADIA was reportedly among the bidders for Adani’s planned share sale in 2023, which was later scrapped
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