Bips & Pieces

Tabreed Acquisition of Emaar-Owned Dubai District Cooling Business 'Credit Positive'

The National Central Cooling Company PJSC, better known as Tabreed, acquired an 80% stake in Emaar-owned Downtown Dubai district cooling business from the real estate giant in a deal valued at AED2.48bn, a deal fund managers described as a win-win.

By Bonds & Loans

Apr 7, 2020 // 5:00PM

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