Tag: Acquisition
FAB fully acquires Bank Audi’s Egypt subsidiary
UAE's largest bank First Abu Dhabi Bank (FAB) has signed a definitive agreement with Lebanon-based financial services company, Bank Audi sal (Bank Audi) to...
Abu Dhabi-based Agthia acquires majority stake in Jordan’s Nabil Foods
Abu Dhabi-based leading food and beverage company Agthia Group has acquired a majority stake in Jordan's Nabil Foods, which marks its first foray into...
Investcorp acquires Indian eCommerce software provider Unilog
Bahrain-headquartered private equity firm Investcorp has entered into an acquisition agreement with Unilog, a leading Software as a Service (SaaS) based eCommerce solutions provider...
Google completes $2.1bn acquisition of Fitbit amid antitrust inquiries
The American search and advertising giant Google has completed its acquisition of fitness tracking company Fitbit, a huge push for the tech giant to...
Investcorp’s portfolio company Calligo acquires UK-based Network Integrity Services
Bahrain-based global asset manager company Investcorp’s portfolio company, Calligo Holdings Limited has acquired the UK-based IT managed services and technology-led solutions provider, Network Integrity...
New York Life Insurance completes $6.3bn acquisition deal of Cigna Unit
New York Life Insurance, the third-largest life insurance company in the US has winded up 2020 by completing the purchase of the American health...
Apple refused to discuss Tesla acquisition possibility earlier: Elon Musk
The billionaire owner of electric carmaker Tesla, Elon Musk, said he had approached Tim Cook, Chief Executive Officer of Apple, "during the darkest days...
Bahrain’s SICO to acquire majority stake in Muscat Capital
Bahrain-based leading asset manager, broker, market maker and investment bank, SICO has signed an agreement with Bank Muscat to purchase majority shares amounting to...