ADQ, the smallest of Abu Dhabi’s three sovereign wealth funds, plans to launch a cash takeover offer for Aramex, as the fund seeks to acquire the shares in the Dubai-listed courier company that ...
Dubai, UAE: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, has launched an innovative self-service kiosk at its main branch in Umm Ramool, Dubai ...
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ADQ, Abu Dhabi's sovereign wealth fund, offered to acquire the shares of Aramex it doesn’t already own, under Abu Dhabi Ports for $0.82 each, according to a bourse filing. This brings the ...
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Abu Dhabi’s state-owned holding company, ADQ, has acquired a 22% stake in Aramex, a leading global logistics and transportation solutions provider. This strategic investment aims to bolster the United ...
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DUBAI, Jan 13 (Reuters) - Abu Dhabi sovereign wealth fund ADQ plans to launch a takeover offer for Aramex (ARMX.DU), opens new tab, bidding for the shares it does not already own in the courier ...
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It has no shares in Aramex while Abu Dhabi Ports, which is itself 75.42 per cent owned by ADQ, owns 22.69 per cent of the shares in Aramex. Stay up to date with the latest news. Follow KT on ...
Aramex has faced challenges of declining revenues in recent times but still clocked $1.26 billion for the first nine months of 2024 Aramex has announced at the Dubai Financial Market (DFM) a voluntary ...