Abu Dhabi’s Al Jaber Said to Seek Buyer for Engineering Business

  • Family group is planning to repay creditors from asset sales
  • Company is restructuring $1.6 billion debt for second time

Al Jaber Group, a family-owned Abu Dhabi company, is seeking a buyer for its engineering and contracting unit to repay banks as the group restructures $1.6 billion of debt, people with knowledge of the matter said.

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