Macro Finance
Emaar Offers to Buy Out Construction Arm at $16.3 Billion Value
Bloomberg Markets·November 4, 2026·1 min read
Dubai's Emaar Properties PJSC offered to take over its construction arm in a multibillion-dollar deal, valuing the unit at $16.3 billion. The offer comes as valuations for both firms have been weighed down by the monthslong regional war. The deal would consolidate Emaar's control over its construction operations amid ongoing market pressures.
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