# Dubai Investments in talks to buy Union Properties' stake in Emicool

Dubai Investments is in initial talks to acquire Union Properties' 50% stake in Emirates District Cooling LLC (Emicool), a district cooling service provider. The value of the stake was not disclosed.

- Type: Acquisition
- Announced: 2017-07-04
- Where: United Arab Emirates
- Status: rumored
- Products: district cooling services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Dubai Investments](https://endata.com/companies/25347.md) (acquirer)
- [Union Properties](https://endata.com/companies/25348.md) (partner)
- [Emirates District Cooling](https://endata.com/companies/25349.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/dubai-investments-in-talks-to-acquire-union-properties-stake-in-emicool-idUSKBN19P1GZ/), 2017-07-04: "Dubai Investments said on Tuesday it is in initial talks to buy Union Properties's stake in Emirates District Cooling LLC (Emicool), in a move to take full control of the district cooling service provider."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.