Damac Properties Dubai Co. PJSC (DFM:DAMAC) acquired an additional 25% minority stake in DAMAC International Limited for $78 million on March 4, 2021. Post transaction, Damac Properties Dubai Co. PJSC will hold 45% stake in DAMAC International Limited. Transaction has been approved by the board of Damac Properties Dubai Co. PJSC.

Damac Properties Dubai Co. PJSC (DFM:DAMAC) completed the acquisition of an additional 25% minority stake in DAMAC International Limited on March 4, 2021