Abu Dhabi sovereign fund ADQ offered to take full control of Aramex PJSC in a deal that would value the courier services company at about 4.39 billion dirhams ($1.2 billion). ADQ, through its ...
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Abu Dhabi's ADQ to Fully Acquire AramexAbu Dhabi Ports currently owns a 22.69 percent stake in Aramex, which received a formal proposal from Q Logistics Holding, an ADQ subsidiary, to buy all its shares that are not controlled by ADP.
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 ...
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 ...
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 ...
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