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ADES International to be taken private

UAE-based drilling rig operator ADES International has announced that it has agreed to be taken over by a consortium that includes Saudi Arabia’s Public Investment Fund (PIF) in a deal worth $516m. The transaction will see Innovative Energy Holding formed, a new company jointly owned by the PIF, Zamil Investments and ADES Investments. ADES Investments …

WP_Post Object ( [ID] => 242260 [post_author] => 75 [post_date] => 2021-03-09 05:40:13 [post_date_gmt] => 2021-03-09 05:40:13 [post_content] =>

UAE-based drilling rig operator ADES International has announced that it has agreed to be taken over by a consortium that includes Saudi Arabia’s Public Investment Fund (PIF) in a deal worth $516m. The transaction will see Innovative Energy Holding formed, a new company jointly owned by the PIF, Zamil Investments and ADES Investments. ADES Investments …

[post_title] => ADES International to be taken private [post_excerpt] => UAE-based drilling rig operator ADES International has announced that it has agreed to be taken over by a consortium that includes Saudi Arabia’s Public Investment Fund (PIF) in a deal worth $516m. The transaction will see Innovative Energy Holding for... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => ades-international-to-be-taken-private [to_ping] => [pinged] => [post_modified] => 2021-03-09 05:40:13 [post_modified_gmt] => 2021-03-09 05:40:13 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=137673 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )