UAE’s L’imad Offers to Delist AD Ports at $8.66 Billion Value

Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), in a move that could reverse the emirate’s recent push to bring more strategic holdings to public markets.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.