L’IMAD wraps up tender offer, ups AD Ports stake to 98.5%
L'IMAD, the sovereign investor owned by the Government of Abu Dhabi, has concluded the statutory window for its voluntary tender offer for Abu Dhabi Ports Company PJSC (AD Ports Group), with the process closing on September 15, 2026. The offer, submitted on August 18 through L'IMAD's wholly-owned subsidiary Abu Dhabi Developmental Holding Company PJSC (ADQ), will see L'IMAD's stake in AD Ports…
L’IMAD, Abu Dhabi’s sovereign investor, has finalized its tender offer for Abu Dhabi Ports Company PJSC (AD Ports Group). The process concluded on September 15, 2026, following the submission on August 18 by L’IMAD’s subsidiary, Abu Dhabi Developmental Holding Company PJSC (ADQ). This acquisition will increase L’IMAD’s stake in AD Ports Group to over 98.5%, up from the previous 75.4%.
The settlement is expected to conclude by October 9, 2026. AD Ports Group, part of L’IMAD’s Ports & Logistics portfolio, includes Etihad Rail and Aramex, contributing to the UAE’s trade and transport infrastructure development.
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