Sorouh buys 60% stake in Pivot
United Arab Emirates: Thursday, May 22 - 2008 at 07:35
Sorouh Real Estate on Wednesday said it has acquired a 60% stake in Abu Dhabi-based construction company, Pivot Engineering and General Contracting Company LLC. Sorouh said the deal will strengthen its ability to deliver on the more than Dhs45bn ($12bn) in projects it currently has under development.
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Jeff Florian, Senior ReporterThursday, May 22 - 2008 at 07:35 UAE local time (GMT+4)
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