Tag: Acquisition
DP World fully acquires US logistics firm Syncreon for $1.2bn
Dubai-based multinational logistics company DP World has acquired 100 percent of American logistics firm Syncreon for a total enterprise value of $1.2 billion.
According to...
Zoom acquires German AI translation startup Kites
US-based video-conferencing platform Zoom has acquired a startup developer of AI-powered real-time language translation technologies, Karlsruhe Information Technology Solutions (Kites).
According to the reports, the...
UAE’s Al Ghurair Investment fully acquires Edible Oil Company to expand...
One of the largest diversified family business groups in the Middle East, Al Ghurair Investment (AGI) has signed a share purchase agreement to acquire...
Spotify buys podcast platform Podz to boost ‘podcast discovery’ experience
Swedish audio streaming and media services provider, Spotify has acquired Podz, a podcast discovery platform in order to improve its podcast services for users.
Podz...
US-based JPMorgan acquires British digital wealth firm Nutmeg
American multinational investment bank and financial services holding company JPMorgan Chase & Co has acquired the UK-based digital wealth manager Nutmeg to expand its...
Alpha Dhabi Holding acquires two more facilities to boost its hospitality...
UAE’s leading investment firm and a subsidiary of IHC, Alpha Dhabi Holding has purchased more assets from privately owned company Murban, including the renowned...
Saudi’s Almarai acquires Binghatti’s beverage production unit in UAE
Saudi Arabian multinational dairy company Almarai has signed an asset purchase agreement to acquire the UAE production facility of Binghatti Beverages Manufacturing (BBM) for...
Select Group, ESIC acquires 1 of last remaining plots in Palm...
Select Group, the real estate development and investment company, along with its longstanding joint venture partner Emirates Strategic Investments Company (ESIC), a multi-sector diversified...
