International Holding Company (IHC) has announced a merger of Multiply Group, Ghitha Holding, and 2PointZero to form a $32.7bn Abu Dhabi-listed powerhouse.
The new entity, 2PointZero Group, will be listed on the Abu Dhabi Securities Exchange (ADX), making it one of the capital's largest publicly traded investment companies.
The merger will combine diversified investment platforms across energy and consumer sectors, accelerating competitiveness, efficiency, and long-term shareholder value.
Author's summary: IHC merges companies to create $33bn investment powerhouse.