Leading international law firm Clifford Chance has advised Actis, a global investor in sustainable infrastructure, on its entry into a share purchase deal to acquire a 50% stake in Emicool from Dubai Investments at an enterprise value of $1 billion.
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Dubai Investments said it has entered a deal to divest a 50% stake in Emirates District Cooling Company (Emicool) to Actis, a leading global investor in sustainable infrastructure, at a corporate valuation of AED3.7 billion ($1 billion).