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    Emaar plans AED12.5b Emaar Development buyout

    Property developer launches voluntary cash offer to acquire the 20.84% of Emaar Development it does not already own, valuing the stake at approximately AED12.5 billion.

    Emirates247Emirates247
    1 min read
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    Emaar said in a statement to the Dubai Financial Market that the offer is priced at AED15 per share in cash and remains subject to approval by the board of directors of Emaar Properties. (File photo)

    Emaar said in a statement to the Dubai Financial Market that the offer is priced at AED15 per share in cash and remains subject to approval by the board of directors of Emaar Properties. (File photo)

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