Dubai’s Emaar sells majority of cooling business to Tabreed for $675 mln
05 Apr Dubai’s Emaar sells majority of cooling business to Tabreed for $675 mln
Posted at 04:50h
in
News
by KMFSLLP
Emaar Properties has
sold an 80% stake in its cooling business in the prime Dubai
Downtown area to National Central Cooling Co (TABREED)
for 2.48 billion dirhams ($675 million), the companies said on
Monday.
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