Wednesday 26 March 2025
 
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SPAC

ADC acquires United Printing in first SPAC merger

ADC Acquisition Corporation (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC), established by ADQ and Chimera Investments, has successfully completed its acquisition of United Printing & Publishing.  

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ADC to acquire UAE's United Printing & Publishing

ADC Acquisition Corporation (ADC), the UAE’s first special purpose acquisition company (SPAC), has entered into an agreement with ADQ Developmental Holding to acquire Abu Dhabi-based United Printing & Publishing Sole Proprietorship (

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ADX welcomes approval of SPAC regulatory framework

  The Abu Dhabi Securities Exchange (ADX) has welcomed the Securities and Commodities Authority (SCA)’s approval of the region’s first Special Purpose Acquisition Company (SPAC) regulatory framework, paving the way for th

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Abu Dhabi proposes region’s first SPAC regulatory framework

The Abu Dhabi Securities Exchange (ADX) and Abu Dhabi’s Department of Economic Development (ADDED) have submitted a proposal to the Securities and Commodities Authority (SCA) for the introduction of a Special Purpose Acquisition Company

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Four Mena IPOs raise $425.8m in H1: EY

The Mena region saw four IPOs raise total proceeds of $425.8 million during the first half (H1) of 2021, a 48% drop in proceeds when compared with the same period in 2020, said professional services firm EY in a new report. The nu

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