Business /

e& Group denies any potential acquisition of United Group assets

Global technology group said it has not held any form of negotiations or agreements

Last updated: May 02, 2024 | 17:47

WAM

1 MIN READ

Add as a preferred source on Google

Supplied

Abu Dhabi: e& Group today denied any potential acquisition of United Group assets.

In a disclosure to the Abu Dhabi Securities Exchange (ADX) today in response to circulating news about a potential acquisition, the group said it has not held any form of negotiations or agreements in this regard.

Also Read: Digital investments at e& pays off as tech-telco posts 7% rise in Q1 net profit

Also Read: e& shareholders approve new 3-year progressive dividend policy

e& Group affirmed its continued evaluation of investment opportunities that would maximise shareholder returns in line with its strategy.

Up Next

Related Stories

Planning on remitting Indian rupee, Pakistan rupee or Philippine peso? Here’s how you can take advantage of remittance-beneficial rates and when.

Dirham gains vs INR, PKR, PHP. Should expats remit now?

1m read

Oil shipping, insurance costs rise on Hormuz tensions

4m read

Markets swing on Hormuz risk with oil higher, gold firmer and rate-cut bets tested.

Markets: Oil hits $80, gold nears $5,400 on war risk

8m read

How Hormuz risks could affect UAE household costs

5m read

e& Group denies any potential acquisition of United Group assets

Also Read: Digital investments at e& pays off as tech-telco posts 7% rise in Q1 net profit

Also Read: e& shareholders approve new 3-year progressive dividend policy

Get Updates on Topics You Choose