Emaar Studies Buyout of $14 Billion Construction Arm, Bloomberg Reports
Emaar Properties is considering taking over its construction arm, Emaar Development, in a potential multibillion-dollar deal, Bloomberg News reports, citing people familiar with the matter.
Dubai real estate developer Emaar Properties DFM:EMAAR is considering plans to take over its construction arm Emaar Development DFM:EMAARDEV in a potential multibillion-dollar deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.The firm, which owns just over 79% of Emaa…