Abu Dhabi's IHC approves merger of Al Tamouh and Al Qudra Holding

International Holding Co. or IHC, an Abu Dhabi–based conglomerate, has approved the merger of its subsidiary, Al Tamouh Investments with investment holding company, Al Qudra Holding. The transaction will be completed through the transfer of shares in Al Tamouh Investments, a real estate developer, in return for unsecured mandatory convertible…