Abu Dhabi sovereign investor L'IMAD Holding plans to offer AED6.25 per share to acquire the remaining stake in AD Ports Group through its key subsidiary Abu Dhabi Developmental Holding (ADQ), in a deal that could take its ownership of the company to 100%. L’IMAD, through ADQ currently owns 75.42% of AD Ports Group.
L’imad Holding, a company wholly owned by the Abu Dhabi government, has acquired shares in Modon Holding from International Holding Company (IHC) and Abu Dhabi Development Holding Company (ADQ), thus bringing its ownership in Modon to 84.76%.
