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Emaar Properties Plans Acquisition of Remaining Emaar Development Interest

MT Newswires·11/03/2026 23:18:30
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11:18 PM EST, 11/03/2026 (MT Newswires) -- Emaar Properties (DFM:EMAAR) plans to launch a voluntary cash offer for the remaining shares of Emaar Development (DFM:EMAARDEV) that it does not already own, subject to board approval. The Dubai-listed real estate company is proposing to pay 15 Emirati dirhams per share in cash for the target company, according to a Wednesday release.