Wednesday, September 18, 2019
Dubai contractor Arabtec mulls merger with Abu Dhabi’s Trojan
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Dubai contractor Arabtec mulls merger with Abu Dhabi’s Trojan

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Dubai-based construction firm Arabtec Holding is mulling a merger with Trojan Holding, a construction company in Abu Dhabi, it announced in a bourse statement on Tuesday. The two companies have “commenced a review of the possibility of combining their construction businesses”, Arabtec said. “In the event an agreement is reached between the two parties following the technical, financial, and legal reviews, it is intended that a contract will be signed for this purpose detailing the terms and applicable procedure for such combination which may lead to a merger between the two companies,” the statement said. The names of the […]

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