Tag: Acquisition
UAE-Israeli consortium in merger talks with Bahrain’s BFC Group
The UAE-Israeli consortium that acquired UAE Exchange is in advanced talks with Bahrain-based Foreign exchange firm BFC Group Holdings over a potential merger that...
Bahrain’s Investcorp acquires leading US tech firm KSM Consulting
Bahrain-based global asset manager company Investcorp has acquired a majority stake in the US technology company KSM Consulting (KSMC) from Renovus Capital Partners, through...
UAE-based Gibraltar Technologies acquires HCL Infotech for $20mn
UAE’s AI-based digital solutions company, Gibraltar Technologies (GT) has acquired HCL Infotech, part of the Indian IT giant HCL Group.
GT along with its partners...
Investcorp buys industrial portfolio in South Wales via its affiliate
Bahrain-based global asset manager company Investcorp has acquired 13 multi-let industrial assets in South Wales, UK, through an affiliate.
The company said in a statement...
Aldar Estate acquires Asteco Property Management to widen its portfolio
UAE-based estate management company Aldar Estates has acquired the award-winning full-service real estate management company Asteco Property Management and all its branches across Abu...
Shareholders of DXB Entertainments advised to accept Meraas’ acquisition offer
The shareholders of DXB Entertainments (DXBE), the operator of Dubai Parks and Resorts, have been recommended by the company to accept a takeover offer from its...
UAE’s Kentech to acquire energy unit of Canada’s SNC-Lavalin
UAE-based Kentech Corporate Holdings has entered into a definitive agreement to acquire the oil and gas business of Canadian global engineering, and construction company...
Agthia completes acquisition of Kuwait’s Al Faysal Bakery and Sweets
Abu Dhabi-based leading food and beverage company, Agthia Group has completed its transaction to acquire Al Faysal Bakery and Sweets, one of the most...