Aabar may delist from ADX

22 June 2010

UAE-based Aabar Investments, the largest shareholder in Daimler AG, may consider plans to delist its shares from the Abu Dhabi stock market as it reviews refinancing plans and investment opportunities, Bloomberg has reported. Aabar's board will meet on June 24 to consider calling a shareholders' meeting to convert it into a private joint-stock company and cancel the listing of shares on the Abu Dhabi Securities Exchange, the company said in a statement. It didn't give a reason for the plan.

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