Announced
Completed
Aldar Properties completed the merger with ADNEC in a $791m deal.
Financials
Transaction Value£623m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Tags
Merger
Majority
Domestic
Private
Friendly
Completed
Acquisition
Single Bidder
Real Estate
United Arab Emirates
tourism
Travel and Tourism
Synopsis
Aldar Properties, a real estate development and investment company, completed the merger with ADNEC, a strategic international business and leisure tourism management and development company, in a $791m deal.
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