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The animal health platform will initially comprise a cutting-edge animal vaccine manufacturing facility and a complex with two state-of-the-art animal hospitals
Etihad Airways will divest several support service businesses to a new aviation company owned by Abu Dhabi state holding firm ADQ and to Abu Dhabi National Exhibitions Company, a govt media office said
The deal would add to ADQ's mobility and logistics portfolio, allow Etihad to capitalise on global travel market opportunities and boost Abu Dhabi's aviation ecosystem, the office added.
TPG Rise and co-investor ADQ will subscribe to compulsory convertible instruments for between 11% and 15% stake in the new company, translating into an equity valuation of up to $9.1 bn for the new company, Tata Motors said
Tata Motors announced that TPG Group, a private equity firm and Abu Dhabi's ADQ will invest Rs 7,500 crore in its electric vehicle entity