International Holding Company (IHC) has taken a further 17 percent stake in Abu Dhabi-listed Invictus Investment Company for nearly AED420 million ($114 millionInternational Holding Company (IHC) has taken a further 17 percent stake in Abu Dhabi-listed Invictus Investment Company for nearly AED420 million ($114 million

IHC pays $114m to raise stake in Invictus Investment

2025/12/15 12:02

International Holding Company (IHC) has taken a further 17 percent stake in Abu Dhabi-listed Invictus Investment Company for nearly AED420 million ($114 million).

The transaction has increased IHC’s shareholding in Invictus, an agro-food commodities trader, to 40 percent, IHC said in a statement to the Abu Dhabi Securities Exchange.

“This investment reinforces IHC’s commitment to supporting high-performing businesses that deliver resilience, innovation, and value across global markets,” IHC chief executive Syed Basar Shueb said.

The share purchase was executed through a block trade of 196 million shares from Invictus Holding Limited, a majority shareholder.

In November IHC said revenues surged 32 percent year on year to AED84.6 billion, while net profit rose 8 percent annually to AED19.5 billion in the first nine months of 2025.

Further reading:

  • IHC earnings given lift by hospitality and real estate
  • IHC plans to exit minority investments worth up to $25bn
  • Multiply signs share-swap deal to acquire IHC units

IHC’s share price rose marginally to AED399.60 on Friday but is down nearly 1 percent since the start of the year.

In the first half of 2025, Invictus Investment said revenue rose 43 percent year on year to AED6.1 billion, while net profit was up 4 percent at AED 87.5 million.  

Invictus shares ended 1.4 percent higher at AED2.16 on Friday but are down 2 percent year-to-date.

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