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Multiply Group

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Tabreed and CVC DIF to acquire Abu Dhabi’s PAL Cooling from Multiply Group

CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately AED 3.8 billion, includes three long-term concessions in the Abu Dhabi main island
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Multiply Group lights up the world with the launch of Multiply Media Group, creating a media powerhouse headquartered in the UAE

Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company, today launches Multiply Media Group (MMG), uniting the three market-leading out-of-home (OOH) companies under its portfolio to create a new media powerhouse headquartered in the UAE.  The combination of BackLite Media, Viola Media and Media 247 under Multiply Media Group represents a
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Multiply Group signs landmark investment with CVC and PAI Partners to secure a controlling stake

Multiply Group PJSC (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally through four sectors, Mobility, Media and Communications, Energy and Utilities, and Beauty and Wellness, subject to successful receipt of all regulatory approvals, has agreed to invest via a capital increase that will secure a controlling