Hedge Funds & Alternative Investments
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Abu Dhabi’s Aldar offers to buy majority stake in Egypt’s SODIC real estate company
Abu Dhabi’s Aldar is leading a consortium that is offering to acquire a majority stake in SODIC, one of Egypt’s biggest property names. The purchase price in the range of 18 to 19 Egyptian pounds per share, valuing the deal at $420 million at the mid-point of that range, Aldar…
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Click here to read the full story: Arab News