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Abu Dhabi Power Completes Taqa Squeeze-out, Becomes Sole Shareholder

MT Newswires·08/26/2026 01:05:18
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01:05 AM EDT, 08/26/2026 (MT Newswires) -- Abu Dhabi National Energy Co. (ADX:TAQA), d/b/a Taqa, said Wednesday that Abu Dhabi Power Corp. became its sole shareholder after completing a compulsory acquisition of the utility company's shares. The energy company's shares will be delisted from the Abu Dhabi Securities Exchange, subject to regulatory approvals.