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L’imad clears way for full ownership of AD Ports

Abu Dhabi’s sovereign investment vehicle L’imad has cleared all key conditions required to proceed with its voluntary cash offer to acquire up to 100 per cent of AD Ports Group. ADQ , a wholly owned subsidiary of L’imad, is offering Dh6.25 ($1.70) per share for AD Ports shares it does not already own.

L’imad clears way for full ownership of AD Ports

Abu Dhabi’s sovereign investment vehicle L’imad has cleared all key conditions required to proceed with its voluntary cash offer to acquire up to 100 per cent of AD Ports Group. ADQ , a wholly owned subsidiary of L’imad, is offering Dh6.25 ($1.70) per share for AD Ports shares it does not already own.

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