{"id":89915,"date":"2024-03-12T00:00:00","date_gmt":"2024-03-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/alpha-dhabi-receives-acquisition-offer-for-three-subsidiaries\/"},"modified":"2024-03-12T00:00:00","modified_gmt":"2024-03-12T00:00:00","slug":"alpha-dhabi-receives-acquisition-offer-for-three-subsidiaries","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/03\/12\/alpha-dhabi-receives-acquisition-offer-for-three-subsidiaries\/","title":{"rendered":"Alpha Dhabi receives acquisition offer for three subsidiaries"},"content":{"rendered":"

ADX-listed Alpha Dhabi has received an acquisition offer from National Corporation for <\/strong>Tourism and Hotels to snap up three of its subsidiaries<\/strong>, Alpha Dhabi said in a disclosure (pdf)<\/a> to the ADX. No details on pricing were provided.<\/p>\n

Background:<\/strong> Alpha Dhabi had acquired a 36.4% stake in National Corporation for Tourism and Hotels last year<\/a> in an AED 730 mn transaction. The acquisition made Alpha Dhabi the largest single stakeholder in the company. <\/p>\n

In detail:<\/strong> The companies that will be acquired \u2014 ADH Hospitality, Murban BVI Holding, and Hill View Resorts Seychelles \u2014 were originally part of Murban\u2019s asset portfolio, but were incorporated into Alpha Dhabi\u2019s after it acquired Murban back in 2021<\/a>. <\/p>\n

What\u2019s next:<\/strong> Alpha Dhabi\u2019s board of directors is scheduled to discuss and approve the offer this Thursday, 14 March, the disclosure says. <\/p>\n","protected":false},"excerpt":{"rendered":"

The three companies were part of Murban\u2019s asset portfolio before Alpha Dhabi acquired Murban<\/p>\n","protected":false},"author":1,"featured_media":89916,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[103,7,477,60,1023],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-alpha-dhabi","tag-enterpriseam-uae","tag-hospitality","tag-ma-watch","tag-national-corporation-for-tourism-and-hotels","wpautop","entry"],"acf":{"mongo_id":"e5fc2221-b632-496f-905a-8a31811f6c64","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/971.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Alpha Dhabi receives acquisition offer for three subsidiaries","related_issue":[89900],"teaser":"The three companies were part of Murban\u2019s asset portfolio before Alpha Dhabi acquired Murban","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.292e7dca-40eb-4315-811a-d6fcad8aea7c.mp3"},"yoast_head":"\nAlpha Dhabi receives acquisition offer for three subsidiaries - 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