Qalaa Holdings eyes 55% stake in Taqa Arabia through future purchase rights

Qalaa Holdings (CCAP) said it could become the majority shareholder in Taqa Arabia, with its ownership potentially exceeding 55% through a combination of future share purchase rights and planned acquisitions, as per a disclosure.

The company currently owns approximately 6.2% of Taqa Arabia's shares. Beyond its existing stake, Qalaa holds the right to acquire 20%…