Browse related articlesAabar, $550m Pearl deal done
United Arab Emirates: Saturday, May 27 - 2006 at 10:09
Abu Dhabi based Aabar Petroleum Investments Company has confirmed it has tied up its acquisition of Singapore based Pearl Energy for $550m, reported Gulf News. Aabar has now bought up further shares and possesses about 97% of the company. Aabar plans to delist Pearl Energy from the Singapore exchange and make it a wholly owned subsidiary.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 27 - 2006 at 10:09 UAE local time (GMT+4)
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