ADQ is now a majority shareholder in Aramex
ADQ now holds a 58% stake in Aramex
Available in your choice of English or Arabic
ADQ now holds a 58% stake in Aramex
The firm is seeking USD 1 bn from the sale
Parent company Banque Misr is seeking USD 1-1.2 bn from the direct sale, our source tells us
Cross-border transactions accounted for 74% of total M&A value in the region
The cash-based transaction was valued at USD 32 mn, financed by Talabat’s internal reserves
The new company is expected to generate more than USD 700 mn in revenues
The company will be listed on the ADX, and likely the Vienna Stock Exchange later
Under the old system, market share was the only trigger for review
Something went wrong. Please refresh the page and/or try again.
Queue