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ADQ secures majority stake in Aramex to enhance logistics portfolio
ADQ has acquired a 63.26% stake in Aramex through a voluntary cash offer via Q Logistics Holding, valuing the courier firm at approximately Dh4.39 billion. The offer, priced at Dh3 per share, received a 40.57% acceptance from shareholders and follows ADQ's existing 22.69% stake through Abu Dhabi Ports Group. This move is part of ADQ's strategy to enhance its logistics portfolio, which includes various transport assets.
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