Abu Dhabi Ports acquires 22% stake in Aramex

UAE - Mubasher: Abu Dhabi Ports Company has acquired a 22.32% stake in Aramex from Alpha Oryx Limited.

The transaction does not have any impact on the financial position of Abu Dhabi Ports and Alpha Oryx, according to a recent bourse disclosure.

It is worth noting that in September 2020, ADQ’s subsidiary, Alpha Oryx, acquired around 22% of Aramex’s issued share capital. 

Mubasher Contribution Time: 20-Jan-2022 08:03 (GMT)
Mubasher Last Update Time: 20-Jan-2022 08:03 (GMT)