Abu Dhabi-listed investment holding company Q Holding has acquired 100 percent of shares of Reem Investments Company as part of its strategy to broaden its portfolio of investment assets.
![](https://intlbm.com/wp-content/uploads/2022/05/Reem-Investment-1024x576.png)
As part of the transaction, 17.33 of the company’s shares will be allocated for each share acquired from Reem Investments’ shareholders, Q Holding said in a statement to the Abu Dhabi Securities Exchange (ADX).
![](https://intlbm.com/wp-content/uploads/2022/05/Reem-Investments-logo-1024x576.png)
The deal is part of a strategy to expand locally and globally and grow the company’s portfolio of investment assets for more than 5.9 billion dirhams ($1.6 billion), Q Holding said.
![](https://intlbm.com/wp-content/uploads/2022/05/Reem-Investments-campus-1024x576.png)
Formerly known as Al Qudra Holding, the company invests in hospitality, project development, services and diversified businesses.