ADQ and ADNEC Group enter into definitive agreements to acquire a 40.5 percent stake in TMG Holding’s hospitality business in Egypt

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp
ADQ and ADNEC Group enter into definitive agreements to acquire a 40.5 percent stake in TMG Holding’s hospitality business in Egypt

DQ, an Abu Dhabi-based investment and holding company, and ADNEC Group (“ADNEC”) today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s (“TMG Holding”) hospitality arm, ICON Group (“ICON”) through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle…
Read More

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles