Emaar Properties 'exploring various financing options' to streamline business - Arabianbusiness:
Dubai-based Emaar Properties has revealed it is “exploring various financing options” as part of a strategy to “streamline its business and to generate value”.
The company was responding to news published this week suggesting Emaar was on the verge of selling its district cooling arm to Dubai’s National Central Cooling Company (Tabreed).
In a filing to Dubai Financial Market, Emaar said: “The company will announce details regarding such opportunities as and when they are finalised.”
Emaar Properties moved to deny similar potential sale speculation in May last year.
No comments:
Post a Comment