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ADQ

Company Summary

Description

ADQ is a holding company with a diverse portfolio of major enterprises, spanning key sectors of Abu Dhabi's non-oil economy.

Website

https://www.adq.ae/

Operational Regions

  • Middle East

Recent news

  • 7/13/2023 - BlackRock & KKR Nearing... (subscriber access)
  • 10/21/2020 - Abu Dhabi Pension Fund... (subscriber access)
  • 7/23/2020 - Adnoc Setting Up... (subscriber access)

Company Transactions

Date: 10/21/2020
Type: Acquisition

BUYERS:
  • Abu Dhabi Pension Fund (ADPF)
  • ADQ
    • SELLERS:
  • ADNOC Gas Pipeline Assets LLC
  • Abu Dhabi National Oil Company (Adnoc)
    • DETAILS:

    COST: 2.1 $B

    NOTES:
    Abu Dhabi Pension Fund and holding company ADQ have made a $2.1 billion investment into the nation's gas pipeline assets which are owned by ADNOC. The deal includes a 1/5 stake in the business, which includes 38 pipes across 610-miles.
    REGIONS:
  • Middle East