Aabar Drops to Lowest This Year After No Announcement on Debt - BusinessWeek

Aabar Investments PJSC dropped to the lowest since December after its board did not adopt any resolutions following a review of its financing and investment opportunities on June 3.

The shares declined as much as 7 percent to 1.59 dirhams, the lowest in six months, at 10:19 a.m. in Dubai.

The Abu Dhabi-based company, which is the largest shareholder in Daimler AG, said on June 1 the board will consider refinancing opportunities for its existing debt.