Abu Dhabi state investor Mubadala Investment Company and emerging markets-focused infrastructure fund manager Mubadala Infrastructure Partners (MIP) have exited their joint 50 percent stake in Abu Dhabi Terminals (ADT), a United Arab Emirates-based port operator. The stake was purchased by the remaining shareholder in the company, United Arab Emirates-based port and industrial zone developer Abu Dhabi Ports. MIP acquired a 25 percent stake in ADT in 2010. Financial details of the transaction were not disclosed.