AD Ports operates about 40 terminals in the UAE and has a presence in nearly 50 markets globally. Photo: AD Ports GroupShow caption: AD Ports operates about 40 terminals in the UAE and has a pr…Settlement expected to take place no later than October 9

L'imad has cleared all key conditions required to proceed with its voluntary cash offer to acquire up to 100 per cent of AD Ports Group.

ADQ is offering $1.70 per share for AD Ports shares it does not already own, with settlement expected no later than October 9, 2026.

Full ownership would allow the ports and logistics group to pursue long-term growth, including acquisitions, without the constraints of a public listing.

The move is part of L'imad's broader strategy to consolidate strategic assets across energy, ports, aviation, urban development and industrial sectors in Abu Dhabi.