Aabar Investments takes a new turn with plan to de-list from securities exchange | Beyond Brics | FT.com

The transformation of Aabar Investments has been swift and spectacular.

It started life in 2005 as a small energy company, but over the past two years it sold its core oil and gas assets, was taken over by a government investment vehicle and has emerged as one of the more active of Abu Dhabi’s diverse stable of investment funds – notably hitting the headlines last year when it splashed out €1.95bn for a 9.1 per cent stake in Daimler.

Now it looks set to be heading for another transformational shift, with the announcement that its board plans to meet on Thursday to discuss the possibility of de-listing from the Abu Dhabi Securities Exchange.
As one shareholder told your correspondent it may offer some relief for those who bought into the original energy story only to see the company turn into an altogether different beast and watch as its share price has plummeted.