Ghitha Holding P.J.S.C (ADX:GHITHA) agreed to acquire Tamween Management LLC for AED 8.7 billion on March 10, 2022. The consideration consists of share swap of 472 shares of Ghitha for every share in Tamween. Accordingly Ghitha capital shall be increased by issuing 141.6 million new shares in total amount of AED 141.6 million The transaction is subject to Ghitha shareholder approval, approval of Ghitha capital increase to issue share and the transaction has been approved by board of Ghitha.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
35.2 AED | +1.56% | -0.17% | -16.94% |
04-03 | Ghitha Holding Unit to Acquire Stakes in Four Companies | MT |
03-10 | Ghitha Holding Unit Buys Additional Stake in Al Ain Farms for Livestock Production for AED61 Million | MT |
1st Jan change | Capi. | |
---|---|---|
-16.94% | 2.28B | |
+14.48% | 485B | |
+21.40% | 40.05B | |
+5.39% | 38.37B | |
+18.78% | 34B | |
+8.36% | 28.47B | |
-14.41% | 25.16B | |
+0.86% | 25.08B | |
+11.96% | 17.99B | |
+4.35% | 17.88B |
- Stock Market
- Equities
- GHITHA Stock
- News Ghitha Holding
- Ghitha Holding P.J.S.C agreed to acquire Tamween Management LLC for AED 8.7 billion.