Emaar Plans $3.43 Billion Offer for Emaar Development Stake
Emaar Properties plans to offer to buy the stake it does not already own in Emaar Development, in a potential deal worth as much as $3.43 billion.
By Federico MaccioniDubai's Emaar Properties DFM:EMAAR plans to launch an offer to buy the stake it does not already own in its construction arm Emaar Development DFM:EMAARDEV, it said on Wednesday, in a potential deal worth as much as $3.43 billion.The move comes after a change of ownership earlie…