The board of directors at Abu Dhabi Ports has endorsed a takeover offer from L'imad valued at Dh6.25 per share, paving the way for complete corporate control.

Abu Dhabi wealth fund L’imad Holding has made an offer to buy out minority shareholders in the city’s port operator, AD Ports, valuing the firm at 31.8 billion dirhams ($8.66 billion). This move could potentially reverse the emirate’s recent push to bring more strategic holdings to market.

Following L'Imad wealth fund's proposed buyout of Abu Dhabi Ports, an expert from Ninety One advised minority investors not to be 'upset'. Investors are questioning if this move signals a shift in regional investment strategy.

ADQ's parent company, L'IMAD, offers Dh6.25 per share to acquire the entire stake in AD Ports Group.

AD Ports Group has engaged HSBC to serve as its financial advisor regarding a potential takeover bid for L'imad, signaling a strategic move in its expansion efforts.

Abu Dhabi's L'imad is partnering with global investment firms BlackRock and Temasek on a substantial $30 billion infrastructure investment initiative. This collaboration aims to drive significant development in the infrastructure sector.