Page 18 - சர்வதேச வைத்திருத்தல் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Abu Dhabi’s IHC boosts stake in Aldar with new acquisition deal ABU DHABI, 4 hours, 7 minutes ago International Holding Company (IHC), one of Abu Dhabi’s leading business conglomerates, said it has completed the purchase of a 45 per cent stake in Alpha Dhabi Holding (formerly Trojan Holding).   With this deal, IHC will become a shareholder in Aldar Properties as Alpha Dhabi had bought a key stake in the Abu Dhabi developer last month. The transaction follows the IHC board meeting disclosure last month.   CEO and Managing Director Syed Basar Shueb said: The acquisition of a substantial stake in Alpha Dhabi Holding will add a significant scale to IHC, the move will increase and diversify our investment vertical, as we continually seek strategic partnerships with local and international players and further strengthen our leadership position in the marketplace.

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