Abu Dhabi Financial Group, SHUAA Capital Merger Completed #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / News / News Archive
News Archive
   

Abu Dhabi Financial Group, SHUAA Capital Merger Completed
(4 August 2019)

  

Following final regulatory approvals on the transaction with Abu Dhabi Financial Group, ADFG, SHUAA Capital has announced the completion of the merger with ADFG and the raising of its Authorised Capital from AED1,065,000,000 to AED2,535,720,000.

This comes following the admission of 1,470,720,000 new shares on the Dubai Financial Market in favour of ADFG’s parent company and strategic investor in SHUAA, Abu Dhabi Capital Management LLC.

As a demonstration of the strategic investor’s commitment to the transaction, the new SHUAA shares will be subject to a 12-month lock-up period from the date of admission.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image
     
 
email print
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities
       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance