ADQ subsidiary Q Logistics had made a voluntary conditional cash offer to acquire up to 100% of the issued and paid-up share ...

Dubai: Aramex shareholders have until March 10 to tender their shares and for the Dubai logistics company to be acquired by Q Logistics of Abu Dhabi. Q is offering Dh3 a share for the buyout.

Abu Dhabi's sovereign investor, ADQ, has solidified its position in the logistics sector by acquiring a majority stake in ...

Supplied Dubai: Abu Dhabi’s Q’s Logistics has reached a milestone in its takeover plans for DFM-listed Aramex. As of now, its shareholding in the Dubai logistics company totals 63.26% - this ...

ADQ through Q Logistics thus creates a UAE-based logistics powerhouse The deal for Aramex is done. Things moved fast after ADQ through Q Logistics put up the offer to acquire majority stake in Aramex.

The transaction, once completed, will position ADQ as the majority shareholder in Aramex with a cumulative ownership of 58 percent of shares ...

DUBAI, March 11 (Reuters) - Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex (ARMX.DU), opens new tab after completing a tender offer.

Originally launched as Arab American Express by Fadi Ghandour and Bill Kingson in Amman, Jordan in 1982, the company relocated to Dubai and began expanding its services thanks in large part to a ...

Retailers have faced mounting challenges in their preparation for Ramadan this year, as ongoing geopolitical tensions and ...

The campaign’s poignant message of finding unity amidst diversity racked millions of views across Aramex’s social media platforms within the first nine days of being launched. Dubai, United Arab ...