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Abu Dhabi Multiply Group set to acquire 55% of UAE outdoor media company

Abu Dhabi-based Multiply Group, an investment holding company, has made a binding offer to acquire a 55% stake in Media 247, a UAE-based outdoor advertising company. Multiply Group is yet to disclose the value of the offer. Multiply Group invests across four verticals: Mobility, Energy and Utilities, Media and Communications,…

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