Tuesday, Aug 07, 2012
1113 GMT [Zawya Dow Jones]--The possible merger between Abu Dhabi's Aldar Properties and Sorouh Real Estate should result in a company that is better equipped to execute the pipeline of Abu Dhabi government projects, says The National Investor. "The newly created entity would be able to execute the pipeline of projects efficiently, which the government is planning to start," says Ali El Adou, analyst at TNI. He adds: "Synergies will be created mainly on the operational side and this will reduce the cost structure".
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