ADIA sells Ooredoo stake as the Abu Dhabi Investment Authority prepares to sell 160.5 million shares in Qatari telecom giant Ooredoo. This sale marks about half of ADIA’s 10 percent stake and is expected to raise between QR1.99 billion and QR2.09 billion ($546 million to $572 million). Ooredoo CEO Aziz Aluthman Fakhroo said this is the first transaction of its kind in Qatar, aimed at broadening the shareholder base and increasing liquidity on the Qatar Stock Exchange. Sale structure and details The shares
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