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Abu Dhabi's Mubadala to Take CI Financial Private

Abu Dhabi’s Mubadala Capital to Take CI Financial Private in $3.4 Billion Deal

Canadian mutual fund manager CI Financial Corp. plans to go private in a C$4.7 billion ($3.4 billion) deal backed by Mubadala Capital, one of the largest-ever privatizations by an Abu Dhabi entity in the financial sector.

Barron's · 6h

Abu Dhabi Sovereign Wealth Affiliate to Take CI Financial Private

Wealth and asset management company CI Financial has agreed to sell itself to Mubadala Capital, a unit of an Abu Dhabi sovereign wealth fund, in a deal that would take CI Financial private.

Reuters on MSN · 19h

Mubadala to take Canada's CI Financial private in about $8.7 billion deal

Mubadala Capital, Abu Dhabi's sovereign wealth fund, will take CI Financial private in a C$12.1 billion ($8.66 billion) all-cash deal, including debt, the Canadian asset and wealth manager said on Monday.

The Financial Times on MSN · 15h

Mubadala Capital agrees C$12.1bn deal for Canadian asset manager CI Financial

An arm of Abu Dhabi’s state investment fund is buying Canadian asset manager CI Financial in one of the largest direct investments into North America by energy-rich Middle Eastern buyers as they increase their investment plans in the region.

MarketWatch · 17h

CI Financial Shares Soar With C$4.7B Deal to Be Taken Private by Mubadala Capital

In morning trading, the shares were 30% higher at C$31.25. The shares have now more than doubled in 2024. Mubadala Capital reached a definitive agreement to buy the Canadian company for a cash consideration equal to C$32 a share,

AGBI on MSN · 4h

Mubadala Capital’s $8.7bn bid to privatise CI Financial

Mubadala Capital, the Abu Dhabi-based alternative asset manager, has made an all-cash offer of C$12.1 billion ($8.66 billion) to privatise CI Financial, a Canadian asset and wealth manager. As part of the agreement,

Hosted on MSN · 15h

Mubadala Capital to take Canada’s CI Financial private in $8.7bn deal

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund Mubadala Investment Company, is taking CI Financial private in an all-cash deal that gives the Canadian asset management firm an enterprise valuation of 12.

Seeking Alpha · 18h

UAE's Mubadala agrees to take CI Financial private in $8.7B deal

CI Financial (OTCPK:CIXXF) entered an agreement to be acquired by an affiliate of Mubadala Capital in deal that implies an enterprise value of ~C$12.1B (US $8.67B), the company said on Monday. Shareholders will get C$32.

Israel confirms death of missing Abu Dhabi rabbi

FOX News on MSN · 1d

Israel confirms death of missing Abu Dhabi rabbi: 'Abhorrent act of antisemitic terrorism’

Israel announced that United Arab Emirates authorities found the body of Rabbi Zvi Kogan, condemning his disappearance and death as "antisemitic terrorism."

USA TODAY on MSN · 1d

Israel denounces murder of rabbi as 'heinous antisemitic terrorist act' after his body found in UAE

An Israeli rabbi who went missing in the United Arab Emirates has been found murdered, Prime Minister Benjamin Netanyahu's office said.

CNN on MSN · 19h

UAE arrests three over death of rabbi Israel says was murdered in ‘antisemitic act of terror’

timeoutabudhabi2h

The OG FIX kunafa chocolate is now available in Abu Dhabi

No more envious side-eyes at Dubai’s dessert lovers – FIX is now exclusively available in the capital via Deliveroo Editions.

Arabian Business1h

Abu Dhabi’s Alef Education included in MSCI UAE Small Cap Index

Abu Dhabi-based education provider Alef Education has been added to the MSCI (Morgan Stanley Capital International) UAE Small ...

Abu Dhabi’s Top Property Developer Sees Jump in Foreign Buyers

Aldar Properties PJSC, Abu Dhabi’s largest property developer, is seeing a surge in demand for homes that’s being driven in ...

devdiscourse14h

Global Food Week 2024: Pioneering Food Security Solutions in Abu Dhabi

Global Food Week 2024 in Abu Dhabi will address pressing food security challenges by uniting international stakeholders and ...

Global Atlanta14h

Abu Dhabi to Atlanta: Etihad to Add Hartsfield-Jackson to Route Map Next Summer

Atlanta is among the 10 new international cities that Middle Eastern carrier Etihad Airways is set to add to its route map next summer with new nonstop flights.

Webindia 1235h

Abu Dhabi T10: Livingstone lives up to the billing, sets up first win for Bangla Tigers

Top English batting all-rounder Liam Livingstone led the charge with the bat for Bangla Tigers as the right-handed batter smashed an unbeaten 40 runs in 12 balls to help the team get their first win ...