{
  "id": 1427829,
  "title": "L'imad announces intention to acquire 100% shares of AD Ports Group",
  "url": "https://urgent.news/2026/08/17/limad-announces-intention-to-acquire-100-shares-of-ad-ports-group",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T05:07:46.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/2026/08/17/limad-announce-intention-to-acquire-100-shares-of-ad-ports-group/"
  },
  "original_language": "en",
  "account": "The Abu Dhabi sovereign fund L imad intends to acquire full ownership of AD Ports Group, aiming to broaden its ports and logistics portfolio. The sovereign investment arm, ADQ, currently holds a 75.42% stake in AD Ports Group. L imad's bid offers 6.25 Dh ($1.70) per share, a 23% premium above the latest closing price of 5.10 Dh on the Abu Dhabi Securities Exchange. This bid is 25% and 31% higher than the monthly and quarterly weighted average prices of 5.02 Dh and 4.76 Dh, respectively. Notably, ADQ's offer is 95% higher than the initial public offering subscription price of 3.20 Dh, set before AD Ports Group's listing on the ADX in February 2022. L imad asserts that the offer provides AD Ports Group's shareholders with a valuable opportunity to realize immediate benefits.",
  "summary": "Abu Dhabi sovereign fund L'imad is making a bid to acquire 100 per cent shares of AD Ports Group as it looks to expand its ports and logistics portfolio. L'imad has announced the intention to make a voluntary conditional cash offer for the entire share capital of the AD Ports Group through its wholly owned subsidiary ADQ , the sovereign investment arm of the Abu Dhabi government said on Monday.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}