December 25, 2014 5:17 AM ET

Capital Markets

Company Overview of Abu Dhabi Investment Company, Prior to the Change in Line of Business

Company Overview

As of April 2010, Abu Dhabi Investment Company, Prior to the Change in Line of Business went out of business. Abu Dhabi Investment Company offers financial advisory services. It offers financial valuation services for strategic investments, mergers and acquisitions, private placements, and restructuring. The firm was founded in 1977 and is based in Abu Dhabi, United Arab Emirates.

National Bank of Abu Dhabi Building

Khalidiya

Tariq Bin Ziad Street

P.O. Box 46309

Abu Dhabi,  46175

United Arab Emirates

Founded in 1977

Phone:

971 2 692 6101

Fax:

971 2 692 6863

Key Executives for Abu Dhabi Investment Company, Prior to the Change in Line of Business

Abu Dhabi Investment Company, Prior to the Change in Line of Business does not have any Key Executives recorded.

Abu Dhabi Investment Company, Prior to the Change in Line of Business Key Developments

Update On Novorossiysk Stake Sale; RDIF Interested

Russian Direct Investment Fund (RDIF) is interested in acquiring government’s stake in Public Joint Stock Company Novorossiysk Commercial Sea Port (MICEX:NMTP) (NCSP). RDIF’s Chief, Kirill Dmitriev said that the company is interested in buying the stake and has put a consortium of investors together. He Said, “Clearly there are a lot of parties interested in the Novorossiysk port and the RDIF is certainly one of them.” The official mentioned that the fund has formed a ‘considerable consortium of investors, among them Arab investors, with significant experience of port management, and this port would be of interest to them. But it's a question for (Russian Federal Property Agency) Rosimuschestvo, how this (privatization) process is to go, but the Novorossiysk port is extremely interesting to us’. On December 4, 21013, Russian Economic Development Minister, Alexei Ulyukayev said that the government would be possible to sell the government's 20% stake in NCSP together with the 5% that Open Joint Stock Company Russian Railways (RZD) owns in NCSP. The minister said, “We'll I don't rule this out. A 25% stake really does look nicer than a smaller one.” Recently RZD Chief, Vladimir Yakunin said that the company was prepared to sell its 5.3% stake together with the government's 20% stake in NCSP. He added, “We'd like the state to view this stake as a stake at its disposal. It's one thing to sell 20% and another to sell 25%. There's a world of difference between them, as they say in Odessa.” Alexei Ulyukayev said, “I haven't seen a formal offer. I only know about this from publications, this was a public statement. I haven't seen a specific document.” He further mentioned that mode of sale had not been finalized and that an SPO was also possible. According to the latest reports, the sale of the 20% stake should take place before 2013. UBS AG (SWX:UBSN) has been engaged for the sale process. Interests have been expressed by OOO NefteGazIndustria, Delo Ltd., Abu Dhabi Investment Company, Noble Group Limited (SGX:N21), Macquarie Russia & CIS Infrastructure Fund, International Container Terminal Services Inc. (PSE:ICT), Transinvestservice Limited, United Capital Partners, and Summa Group. According to the report, the authorities are not ruling out pushing back the sale of the stake in the port to 2014, but how it is to be sold has yet to be determined.

Sberbank, Sukhoi Civil Aircraft and Invest AD Sign Tri-Lateral Letter of Intent

On the ground of Dubai Airshow 2013 Sberbank, Sukhoi Civil Aircraft (SCAC) and Abu Dhabi Investment Company "Invest AD" signed a tri-lateral Letter of Intent to launch their cooperation in the Middle East in marketing and promotion of Sukhoi Superjet 100 in its basic and long range modification.

Russian Government To Consider Sale Of NCSP To Rosneft

The Russian government will submit a report to President Vladimir Putin on a proposal to sell 20% stake in Public Joint Stock Company Novorossiysk Commercial Sea Port (MICEX:NMTP) (NCSP) to Open Joint Stock Company Rosneft Oil Company (LSE:ROSN) on November 11, 2013, business daily Vedomosti reported. The Interfax cited officials saying that the stake should be offered on an exchange or sold to a strategic investor, but the preferred option is considered to a share offering. Alexei Ulyukayev, Economic Development Minister said to Interfax earlier "We believe that the privatization should take place according to best practices through a market deal." the government is discussing to postpone the sale of state stake in Novorossiysk Commercial Sea Port until 2014, which is supposed to be sold by end of 2013. Olga Dergunova, Head of Federal Property Agency said, that the time for offering the stake on an exchange this year has been missed but there are no restrictions for strategic investors. Suitors for the state stake in NCSP include OOO Neftegazindustriya, Delo Ltd., Abu Dhabi Investment Company, Noble Group Limited (SGX:N21), Macquarie Russia & CIS Infrastructure Fund, International Container Terminal Services Inc. (PSE:ICT), Transinvestservice Limited, United Capital Partners,Russian Direct Investment Fund and port shareholder Summa Group. The other major shareholder of NCSP, Oil Transporting Join Stock Company Transneft (MICEX:TRNFP) has not officially expressed interest in the state stake. Based on prices on the London Stock Exchange on November 8, 2013, 20% of shares in NCSP are worth $380 million.

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