Q mops up a significant majority of Aramex shareholders' surrending their holding The Q-Aramex deal creates a Middle East logistics industry powerhouse. And for Q's owner, ADQ, another bold move ...
Abu Dhabi's sovereign investor, ADQ, has announced the successful completion of a tender offer, resulting in its acquisition of a 58 per cent stake in logistics firm Aramex. This strategic move ...
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.
Abu Dhabi sovereign investor ADQ has secured a 63.26% stake in the Dubai-listed courier firm Aramex, following a voluntary conditional cash offer launched via its subsidiary, Q Logistics Holding.
ADQ through Q Logistics thus creates a UAE-based logistics powerhouse The deal for Aramex is done. Things moved fast after ADQ through Q Logistics put up the offer to acquire majority stake in Aramex.
Sovereign investor ADQ has announced that its voluntary tender offer for Aramex PJSC, submitted through its wholly-owned indirect subsidiary Q Logistics Holding LLC, has been successful. The ...
Retailers have faced mounting challenges in their preparation for Ramadan this year, as ongoing geopolitical tensions and ...
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