Emaar Considers Buying Emaar Development in Deal Worth Up to $3 Billion
Emaar Properties is considering acquiring Emaar Development, in which it owns just over 79%, Bloomberg News reports. The potential deal could be worth as much as $3 billion.
Dubai real estate developer Emaar Properties DFM:EMAAR is considering a plan to acquire its construction arm Emaar Development DFM:EMAARDEV in a potential deal worth as much as $3 billion, Bloomberg News reported on Tuesday.Emaar Properties, which owns just over 79% of Emaar Development, could anno…