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New Deal


Announced

Completed

Alpha Dhabi completed the acquisition of an additional 17% stake in Aldar Properties.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned13%
Capital Bid For17%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

United Arab Emirates

Real Estate Holding and Development

Completed

Acquisition

Minority

real estate

Domestic

Single Bidder

Friendly

Synopsis

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Alpha Dhabi, an UAE-based conglomerate, completed the acquisition of an additional 17% stake in Aldar Properties, a real estate development, management and investment company. Financial terms were not disclosed. “The real estate sector has been witnessing an outstanding recovery during 2021, and demand for residential, commercial, hospitality and logistics units continue to grow as a result of the resilience and agility of the country’s post-pandemic strategy,” Hamad Salem Mohamed Al Ameri, Alpha Dhabi Holding Managing Director and CEO.

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