Abu Dhabi’s Multiply Buys Two Firms Creating $33 Billion Entity

Abu Dhabi’s Multiply Buys Two Firms Creating $33 Billion Entity

Multiply Group PJSC has agreed to acquire two other Abu Dhabi firms backed by the emirate’s largest listed company, in a share-swap transaction that it said will create an entity holding assets of about $33 billion.

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(Bloomberg) — Multiply Group PJSC has agreed to acquire two other Abu Dhabi firms backed by the emirate’s largest listed company, in a share-swap transaction that it said will create an entity holding assets of about $33 billion.

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