TJ Maxx and Marshalls owner to acquire 35% stake in Dubai’s Brands for Less
The transaction is valued at USD 360 mn, and expected to close later this year
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The transaction is valued at USD 360 mn, and expected to close later this year
Plus: UAE airports see higher traffic in 1H
AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
It is still uncertain whether ADQ will move forward with the acquisition
Rowad Capital Commercial is expected to initially invest around USD 225 mn
The consortium plans to finance part of the acquisition with a GBP 1.72 bn interim senior loan facility
B’naire Patrick Drahi will commit capital to retain his majority stake of Sothbey’s
The investor fully acquired United International Group for Manpower Services and Progressive Real Estate Development
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