Published • loading... • Updated
L'imad unit seeks to increase stake in AD Ports to 100%
Summary by AGBI
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
L'imad unit seeks to increase stake in AD Ports to 100%
The board of AD Ports Group has recommended shareholders accept a cash offer from a unit of L’imad seeking to take full ownership of the Abu Dhabi-listed ports operator. ADQ, a unit of L’imad, an Abu Dhabi sovereign investment holding company, holds 75.42 percent of the Abu Dhabi-listed ports operator. The board said the AED6.25 ($1.70) per share offer was “fair from a financial point of view” and recommended shareholders accept it. AD Ports app…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
