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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Damartex | EU:ALDAR | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.02 | -0.38% | 5.30 | 5.28 | 5.30 | 5.32 | 5.30 | 5.32 | 186 | 02:01:22 |
From Jan 2020 to Jan 2025
Abu Dhabi has selected banks including Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and Credit Suisse Group AG (CS) to advise on the state-backed merger of Aldar Properties Co. (ALDAR.AD) and Sorouh Real Estate (SOROUH.AD), Reuters news agency reported Monday on its website, citing four unnamed sources.
Aldar is being advised by Credit Suisse while Morgan Stanley will advise Sorouh, the report quoted one of the sources as saying.
National Bank of Abu Dhabi (NBAD.AD) will join Goldman to advise the steering committee overseeing the potential merger, and the steering committee, banks and companies are expected to meet later this week to discuss the deal, the report added.
Spokesmen for Aldar and Sorouh declined comment, the report said.
Full Story: http://www.reuters.com/article/2012/05/21/us-aldar-sorouh-merger-idUSBRE84K0RA20120521
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