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Emaar Properties announces plan to fully acquire its construction arm and delist it from the stock exchange

United Arab Emirates ·

Emaar Properties intends to buy the stakes held by shareholders in Emaar Development for $3.4 billion. The purchase is a step toward delisting Emaar Development from the Dubai stock exchange.

Emaar Properties is one of the largest property developers in the United Arab Emirates, based in Dubai, where several of its units are listed on the local stock exchange.

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