Abu Dhabi sovereign investor ADQ plans to buy the remaining shares of AD Ports Group. The offer stands at Dh6.25 per share, a 23% premium. This move consolidates control over the logistics giant.
Our retelling · details in the original publication
Abu Dhabi sovereign investor L’IMAD has officially announced its intention to launch a voluntary conditional cash offer. The target is the remaining issued and paid-up share capital of Abu Dhabi Ports Company, known as AD Ports Group. This strategic move will be executed through L’IMAD’s wholly-owned subsidiary, Abu Dhabi Developmental Holding Company, widely recognized as ADQ.
Currently, ADQ already controls a substantial majority of the company, holding exactly 75.42% of AD Ports Group’s shares. The new offer aims to bring the remaining shares under state ownership. Under the specific terms of the proposed offer, eligible shareholders will receive a cash payment of Dh6.25 for every single share they hold. This valuation is significant as it represents a premium of 23% compared to the last closing share price.
L’IMAD serves as a key sovereign investor for the Government of Abu Dhabi. It manages a diverse portfolio of national and international investments across both public and private markets. The primary objective is to generate sustainable long-term financial returns. For current investors, this offer provides a clear exit strategy with a guaranteed premium over market rates. The consolidation of AD Ports Group is likely to stabilize the company's future strategic direction. Shareholders are advised to consider the implications of this full takeover. Further details regarding the timeline and conditions can be found in the original publication.
Want to know how this affects you?
Ask the ecosystem on Telegram — I'll personally shortlist 2–3 properties that benefit from this change.
