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Back to Home » June 2019 News » ADFG and SHUAA Agree Transformational Transaction, Creating a Regional Financial Services Powerhouse

ADFG and SHUAA Agree Transformational Transaction, Creating a Regional Financial Services Powerhouse

June 26, 2019

ABU DHABI, UAE, June 26, 2019 /PRNewswire/ -- Transaction implies that ADFG's shareholders will own 58% of the enlarged entity, with SHUAA's existing shareholders owning 42% The agreed valuation represents a premium of more than 60% to the SHUAA share price[1] on 21 March 2019 (being the...

Source URL: https://www.prnewswire.com:443/news-releases/adfg-and-shuaa-agree-transformational-transaction-creating-a-regional-financial-services-powerhouse-300875071.html
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