Abu Dhabi Ports acquires 22% stake in Aramex

abu,dhabi,abu dhabi,stake,Abu Dhabi
UAE
  • Date: 20-Jan-2022
  • Source: Mubasher
  • Sector: Transport
  • Country: UAE
  • Who else needs to know?

Abu Dhabi Ports acquires 22% stake in Aramex

Abu Dhabi Ports Company has acquired a 22.32% stake in from Alpha Oryx Limited. The transaction does not have any impact on the financial position of Abu Dhabi Ports and Alpha Oryx, according to a recent bourse disclosure. It is worth noting that in September 2020, ADQ’s subsidiary, Alpha Oryx, acquired around 22% of Aramex’s issued share capital.

Check the history on the topic
Vote to feature