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UAE’s L’imad Offers to Delist AD Ports at $8.66 Billion Value

Bloomberg Markets Monday 17 August 2026, 04:52 UTC By Laura Gardner Cuesta and Dinesh Nair 1 min read
Key Points

UAE’s L’imad Offers to Delist AD Ports at $8.66 Billion Value Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), in a move that could reverse the emirate’s recent push to bring more strategic holdings to public markets. L’imad plans to make a cash offer through for the shares in Abu Dhabi Ports Co.

UAE’s L’imad Offers to Delist AD Ports at $8.66 Billion Value Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), in a move that could reverse the emirate’s recent push to bring more strategic holdings to public markets. L’imad plans to make a cash offer through for the shares in Abu Dhabi Ports Co. PJSC it doesn’t already own at 6.25 dirhams apiece, a 23% premium to the stock’s last closing price. The wealth fund already owns more than 75% of the company through its subsidiary ADQ.
AD Ports (ORG) Abu Dhabi (LOCATION) Holding (ORG) Abu Dhabi Ports Co. (ORG)
Originally published by Bloomberg Markets Read original →

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