Tag: Acquisition
FAB resumes acquisition talks for Bank Audi’s Egyptian wing
First Abu Dhabi Bank (FAB), the largest bank in the UAE has restarted its discussions for the acquisition of Lebanon-based financial services company Bank...
InstaShop acquired by Delivery Hero in a $360 million deal
Dubai based InstaShop, the delivery platform with over 500,000 users in five markets have been acquired by Delivery Hero, a Germany based restaurant delivery...
MENA executives continue to be cautiously optimistic about future M&A
According to a survey report from EY, 62% of MENA executives remain optimistic that the global Mergers & Acquisition market will improve in the...
Acwa Power raises its stake in HEPC by partially acquiring Samsung...
The leading owner and operator of energy and desalinated water plants, ACWA Power has endorsed a share purchase agreement with Samsung C&T to obtain...
ADNOC closing landmark deal to sell 49% stake in pipeline business
Abu Dhabi National Oil Co. - ADNOC is closing in on a deal with investors supported by Global Infrastructure Partners and Brookfield Asset Management...
Global Consortium Ray Lab procures Metamed from Gulf Capital
A global consortium of international and regional investors, Ray Lab has acquired the MENA region's largest diagnostic imaging network MetaMed from the Middle East-based...
ADQ to buy 50% stake in agri-food specialist Al Dahra Holding
One of the largest holding companies in the MENA Region, ADQ, has agreed to acquire a 50 percent stake in Abu Dhabi-based multinational animal...
UAE keeps the region’s top foreign investment hub spot for Q1...
Global law firm Baker McKenzie reports that UAE remained the first choice in the region for International Investors during the first quarter of 2020...
