Tag: Acquisition
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...
Al Shafar buys 15% stake in UK’s Costain
UAE-based Al Shafar General Contracting Company (ASGC) has entered an understanding with British construction and engineering company Costain for the acquisition of around 41.6...
Growmore Group Acquires Medicinos Bankas
Growmore Group, a global investment and financial services conglomerate with businesses across the UAE, UK, Switzerland, India and the Caribbean, has entered into an...