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Abu Dhabi's ADQ offers to combine exhibitions company with ADNH


Abu Dhabi s ADQ offers to combine exhibitions company with ADNH
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Last Updated: Jun 09, 2021, 12:11 PM IST
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Synopsis
The combination would create one of the largest hospitality, events, and catering powerhouses in the region, the holding company said in a statement via email. Upon completion, the combined group would have assets of around 20 billion UAE dirhams ($5.45 billion), it said.
Agencies
After the transaction is completed, ADQ will own roughly 54.98% of ADNH (Company Image)
Abu Dhabi state-owned ADQ said on Wednesday it submitted an offer to Abu Dhabi National Hotels Company (ADNH) to combine Abu Dhabi National Exhibitions Company (ADNEC) with the hotel firm. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abu Dhabi National Exhibitions Company , Abu Dhabi National Hotels Company , Uae Dirhams , ஒன்றுபட்டது அரபு அமீரகங்கள் ,