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| Aldar/Sorouh $2.3 billion merger | |
| Advisers | Goldman Sachs, NBAD (steering committee); Credit Suisse (Aldar); Morgan Stanley (Sorouh) |
| return to the Deals of the Year 2013 index | |
Abu Dhabi has regained confidence since Aldar and Sorouh’s merger. Real estate and equity indices have risen. There has been a surge in new deals from state investment fund Mubadala, the biggest Aldar shareholder (a position that in part led Mubadala to a loss in 2010, because of fair-value write-downs).
Aldar and the less leveraged Sorouh used to be among Abu Dhabi’s largest developers.
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