PHOTO
The acquisition of 67.91% interest also marks the investment holding firm’s foray into the international retail and clothing space. Watch the Zawya video here:
VIDEO: UAE’s Multiply Group acquires 67% stake in Spain's Tendam for $1.5bln
Abu Dhabi-based Multiply Group has completed the acquisition of a majority stake in Spanish clothing giant Tendam for AED 5.6 billion ($ 1.5 billion)
July 28, 2025
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2025
