Abu Dhabi's IHC to merge several portfolio companies into single $32.7 billion investment company

About this update from International Holding Company Pjsc

Abu Dhabi's International Holding Co ADX:IHC announced plans on Wednesday to merge several of its portfolio companies into a single investment holding company valued at 120 billion dirhams ($32.67 billion).It said the transaction, which will see the merger of its companies 2PointZero, Multiply Group ADX:MULTIPLY , and Ghitha Holding ADX:GHITHA, would be completed by mid-November. ($1 = 3.6728 UAE dirham)

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