GeoPost owns 20% of Aramex for 1.4 billion dirhams

GeoPost owns 20% of Aramex for 1.4 billion dirhams
GeoPost owns 20% of Aramex for 1.4 billion dirhams

The Dubai Financial Market witnessed the implementation of a large direct transaction on the shares of Aramex, worth 1.4 billion dirhams. The market indicated on its website that the deal was made on 295 million shares at a price of 4.77 dirhams per share. This price is 25% higher than the stock’s closing price in yesterday’s session.

According to the Dubai Financial Market statement, the deal took place through GeoPost SA’s acquisition of 20% of the shares of Aramex. Geopost is a holding group owned by France’s Le Group La Poste.

Source

GeoPost owns Aramex billion dirhams

 
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