ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »AD Ports to buy stake in parent firm of two Egyptian shippers
Abu Dhabi / WAM AD Ports group on Friday announced that it has reached an agreement to acquire a 70 percent equity stake in International Associated Cargo Carrier BV, which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International SAE (TCI). The total purchase consideration (enterprise value) of this transaction amounts to AED514 million. The ...
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