Brief: E& Completes Sale Of 12.5% Stake In Careem Technologies To Uber

Uber Technologies

31/07/2026 12:08

July 31 (Reuters) - EMIRATES TELECOMMUNICATIONS GROUP EAND.AD:
E& SUCCESSFULLY COMPLETES SALE OF 12.5% STAKE IN CAREEM TECHNOLOGIES TO UBER
TOTAL CASH CONSIDERATION OF USD 100 MILLION
E& HAS ALSO A PUT OPTION THAT GIVES IT RIGHT TO REQUIRE UBER TO PURCHASE E&’S REMAINING SHARES OF CO
Further company coverage: EAND.AD

 ((Reuters.Briefs@thomsonreuters.com;))