Abu Dhabi's ADQ to acquire minority stake in Sotheby's in $1 bln dealADQ, Abu Dhabi's third biggest sovereign wealth fund, has acquired a minority stake in Sotheby's for $1 billion. Patrick Drahi, the majorit...
09 Aug, 2024, 11.08 PM IST
Abu Dhabi's ADQ to acquire minority stake in Sotheby's in $1 bln dealDrahi, a Franco-Israeli billionaire, would invest additional capital alongside the fund, maintaining his majority ownership. The total inve...
09 Aug, 2024, 08.42 PM IST
Abu Dhabi plans $50 billion investment in fast-growing IndiaThe United Arab Emirates is exploring investments of up to $50 billion in India, its second-largest trading partner. The potential pledges,...
02 Nov, 2023, 02.29 PM IST
Abu Dhabi's ADQ manages $157 billion assets: Global SWFThe smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers, and Global SW...
25 Oct, 2022, 06.04 AM IST
Mubadala-backed UAE firm sets up $10 billion fund for tech dealsThe new fund will be managed by a unit of G42 and target late-stage growth companies with disruptive technologies. It will operate as a pri...
18 Aug, 2022, 12.18 PM IST
Tata Motors jumps 10% as co to raise $1 billion for passenger EV businessTata Motors shares have seen a massive jump since last month. In October itself, the stock is up 39 per cent so far.
13 Oct, 2021, 10.02 AM IST
TPG Rise Climate, ADQ to invest $1 billion in Tata Motors' new EV unitThe investment will value the “TML EVCo” at $9.1 billion at the upper end. The company will benefit from all the existing investments and c...
12 Oct, 2021, 07.30 PM IST
Abu Dhabi’s ADQ in talks to invest $500 million in FlipkartFlipkart is seeking to raise at least $3 billion and could decide to increase the amount to as much as $3.75 billion, as investors have sho...
14 Jun, 2021, 11.19 AM IST
Abu Dhabi's ADQ lines up banks for $1 billion Louis Dreyfus acquisition loan, say sourcesADQ said in November it had signed an agreement to acquire an indirect 45% equity stake in LDC, in what would be the first outside investme...
16 Feb, 2021, 03.00 PM IST
Abu Dhabi plans three-pronged Abu Dhabi Hydrogen Alliance to export hydrogen for fuelSo-called green hydrogen, created by splitting water into its two components using electricity from renewable energy sources, is increasing...
18 Jan, 2021, 11.38 AM IST
Covid has been a bit of a deterrent for creating new markets: Kiran Mazumdar ShawLatest funding in Biocon Biologics is a precursor to the IPO. The initial funding of $300 million plus very important to ensure that we rem...
08 Jan, 2021, 12.53 PM IST
Biocon gains 2% as arm receives Rs 555 crore equity investment from ADQKiran Mazumdar-Shaw, Executive Chairperson at Biocon in a company filing to BSE said, "We welcome ADQ as our investment partner as we pursu...
08 Jan, 2021, 09.45 AM IST
Abu Dhabi-based ADQ picks up minority stake in Biocon Biologics for $75 millionThe transaction values Biocon Biologics at $4.17 billion, said the company in a press release.
07 Jan, 2021, 10.41 PM IST
Biocon Biologics approves primary equity investment by ADQ worth Rs 555 croreAs per the terms of the proposed agreement, ADQ will invest Rs 555 Crore for a 1.80 per cent minority stake in the biosimilar business, val...
07 Jan, 2021, 08.21 PM IST
Abu Dhabi's ADQ eyes around $1 billion loan to back Louis Dreyfus deal: SourcesADQ said last week it had signed an agreement to acquire an indirect 45% equity stake in LDC, in what would be the first outside investment...
18 Nov, 2020, 05.03 PM IST
Abu Dhabi's ADQ to invest $1 billion to help retailer Lulu expand in EgyptADQ and Lulu will work to develop up to 30 hypermarkets and 100 express mini-market stores, as well as logistics hubs, distribution and ful...
19 Oct, 2020, 12.46 PM IST
Abu Dhabi Pension Fund, ADQ to invest $2.1 billion in ADNOC gas assetsADQ, which was established in 2018, owns assets such as Abu Dhabi Ports, Abu Dhabi Airport and bourse operator ADX.
15 Oct, 2020, 03.45 PM IST