By Aman Prasad, Oliver Greenhalgh, and Jiaqi Tang (University of Birmingham); Giuseppe Leonardo Mazza (ESADE) Photo: Saeed Alsoomehi (Unsplash) Overview of the deal Acquirer: L’IMAD Holding Target: ADQ (Abu Dhabi Developmental Holding Company) Implied Equity Value: Not disclosed Total Transaction Size: Not disclosed Closed date: 30 January 2026 Target advisor: Not publicly disclosed Acquirer advisor: Not publicly disclosed In January 2026, Abu Dhabi announced a major restruc