Public Warehousing Company acquires 25% stake in Agility Global
1 report, 1 independent
Updated Thu 00:00
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What happened
Public Warehousing Company acquired a 25% ownership stake in Agility Global. Agility Global, which is listed in Abu Dhabi, also signed a credit facility agreement with a club of international banks for €500 million, equivalent to $560 million.
From zawya.com
Why it matters
The acquisition changes the ownership structure of Agility Global. Separately, the secured credit facility provides Agility Global with substantial capital funding.
From zawya.com