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Showing 1 - 2 of 2 results for "Abu Dhabi Investment Council"

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... decided it would not transfer to the new owners, the price tag dropped to $37.7 million. Incidentally, Abu Dhabi Investment Council (ADIC) became an acquirer, securing a 3% stake in Elanor. Challenger now has a 14% stake in Elanor, down from the 18% ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... initial stake announced in April of 18%. This is because both parties this morning announced that the Abu Dhabi Investment Council has stepped in to secure a 3% stake in the transaction. Challenger will transfer 4.5 million out of the 24.8 million shares ...
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