Tag: Acquisition
Mubadala acquires majority stakes in GMSC and Al Ittihad Drug Store
Mubadala Investment Company, an Abu Dhabi sovereign investor, has acquired an 80 percent stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug...
National Bank of Kuwait acquires 51% stake in UPayments
National Bank of Kuwait (NBK) has acquired a majority stake of 51 percent in Kuwait-based Payment Services Provider, and eCommerce enablement platform, UPayments.
This acquisition...
Saudi PIF & Ardian ink deal to buy stake in Heathrow...
Infrastructure giant Ferrovial stated that it has reached a new agreement with French private equity fund Ardian and Saudi Arabia's Public Investment Fund (PIF)...
Kuwait’s Q8 to acquire 50% stake in Italian firm EcoFox
Kuwait Petroleum International (KPI), Q8’s Italian branch has stated that it has signed an agreement to purchase a 50 percent stake in Italian biodiesel...
Alujain to sell 35% stake in NATPET for $500mn
Alujain Corporation has signed an agreement with Basell International Holdings, a subsidiary of LyondellBasell Industries, to sell a 35 percent equity stake in its...
SNASCO to acquire leading UAE hospitality chain Shakespeare and Co.
Dubai-based SNASCO Investments has announced its acquisition of homegrown hospitality chain, Shakespeare and Co. along with its 32 stores and eight franchise businesses in...
SAFEEN Offshore acquires new vessel to expand subsea service capabilities
Abu Dhabi-based SAFEEN Feeders’ offshore division, SAFEEN offshore has acquired a support vessel to enhance the Group’s subsea service capabilities.
Built in 2014, the vessel...
UAE’s IHC offers $2.8bn to acquire stakes in Colombian food giant...
The International Holding Company (IHC), UAE-based investment giant, has officially received the authorization from the Colombian Superintendency of Finance for its subsidiary, IHC Capital...
