ADIC Could Sell Stake in ADNIC
Posted on 09/11/2017
In a move to realign its financial holdings portfolio, the Abu Dhabi Investment Council (ADIC) is contemplating selling an approximate 24% stake in Abu Dhabi National Insurance Company PSC (ADNIC). Possible suitors for the stake include German insurer Allianz. ADIC is considering hiring an advisor to run a sales process for the stake deal. In […]
