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ADQ-backed ADC announces landmark SPAC merger deal with United Printing & Publishing

In what is the first-ever SPAC (Special Purpose Acquisition Company) merger deal in the Middle East, ADC Acquisition Corporation (ADC) has entered into an agreement with ADQ Developmental Holding for a business combination with Abu Dhabi-based United Printing & Publishing (UPP). Established by ADQ and Chimera Investments in April 2022,…

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