United Arab Emirates-based conglomerate Alpha Dhabi said on Monday it plans to acquire a majority stake in the United Arab Emirates-based water and wastewater project developer Metito Holdings. Pending regulatory approvals, Alpha Dhabi said it plans to acquire the stake from Metito's selling shareholders Mitsubishi Corporation, Mitsubishi Heavy Industries, and Gulf Capital. Alpha Dhabi has around 20 offices and 4,500 employees across the world.