L’IMAD wraps up tender offer, ups AD Ports stake to 98.5%

L’IMAD, Abu Dhabi’s sovereign investor, has completed its tender offer for Abu Dhabi Ports Company PJSC (AD Ports Group), finalizing the process on September 15, 2026. The tender, initiated on August 18 through L’IMAD’s subsidiary, Abu Dhabi Developmental Holding Company PJSC (ADQ), will increase L’IMAD’s stake in AD Ports Group to over 98.5%, up from the previous 75.4%.

The settlement is anticipated to be finalized by October 9, 2026. AD Ports Group is a key part of L’IMAD’s Ports & Logistics portfolio, which also includes Etihad Rail and Aramex. L’IMAD’s strategic move aims to bolster the UAE’s trade and transport infrastructure, alongside previous projects like the establishment of a major industrial freezone at KEZAD and the development of the UAE’s first national railroad network via Etihad Rail.

The tender offer marks one of L’IMAD’s most significant actions this year, consolidating control over critical infrastructure assets in the UAE’s ports and logistics sector.