Tag: Acquisition
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...
UAE’s GMG acquires Singapore-based Royal Sporting House
Middle East's leading family-owned holding company Gulf Marketing Group (GMG) has acquired one of the largest multi-brand sports retailers in Southeast Asia, Royal Sporting...
Investcorp acquires Danish clinical trial firm Sanos
Bahrain’s private equity company, Investcorp has acquired Sanos Group (Sanos), a leading provider of specialized clinical trial services to the global pharmaceutical and biotechnology...
Dubal Holding procures 60% share in OSE Industries
Dubal Holding (DH), a wholly-owned subsidiary of Investment Corporation of Dubai (ICD) has acquired 60 percent of the share in the OSE Industries, a...
AXA sells its insurance operations in the Gulf region
French insurance giant AXA has sold its insurance works in the Gulf region to Kuwait's Gulf Insurance Group (GIG). The deal involves the shares...
Investcorp-owned ABAX acquires telematics firm Automiles
The Bahrain-based global asset manager, Investcorp’s portfolio company ABAX has acquired Automile, Nordic region-based telematics and Internet of Things (IoT) services provider firm.
ABAX is...
VF Corp to buy US footwear brand Supreme at $2.1bn
The American apparel and footwear company VF Corporation is expected to buy streetwear apparel firm Supreme at a range of $2.1 billion.
The company, which...
