ADQ’s significant stake in Aramex aligns with the nation’s vision of becoming a global logistics hub, leveraging its strategic geographic location and advanced infrastructure.
DUBAI, March 11 (Reuters) - Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex (ARMX.DU), opens new tab after completing a tender offer.
ADQ’s shareholding includes acceptances for 35.31% of shares in the successful tender offer, which closed on 10 March 2025, and 22.69% of shares owned by AD Ports Group Aramex will sit within ADQ’s ...
Abu Dhabi sovereign ADQ will become the majority owner of Dubai-based courier firm Aramex after reaching cumulative ownership of 58% of its shares. The sovereign already held 22.69% of the shares ...
At the Dubai Financial Market (DFM), Aramex announced a voluntary conditional cash offer from Q Logistics Holding, a wholly-owned indirect subsidiary of Abu Dhabi's ADQ Development Holding (ADQ ...
DUBAI (Reuters) - Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a tender offer. ADQ is now a majority shareholder in Aramex ...