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Abu Dhabi’s Aldar to Buy Sorouh in $1.5 Billion Deal
Aldar Properties PJSC agreed to buy Sorouh Real Estate PJSC in a 5.5 billion-dirham ($1.5 billion) deal that would create the Middle East’s third-biggest publicly traded property company by assets. Aldar will offer 1.288 of its shares for each Sorouh share, the companies said today in a statement. That values…
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