Tag: Acquisition
UAE’s GII acquires 51% of Saudi Arabia’s Almeswak for $530mn
UAE-based leading financial services company Gulf Islamic Investments (GII) has closed a $530 million deal to buy a 51 percent stake in Saudi Arabia’s...
UAE’s e& acquires 9.8% stake in Vodafone for $4.4bn
e&, the UAE-based biggest multinational telecommunications services provider, has acquired a 9.8 percent stake in British mobile carrier Vodafone Group for $4.4 billion as...
Bahrain’s GFH acquires majority stake in US-based SQ Asset Management
Bahrain-based leading financial group, GFH Financial Group has signed an agreement to acquire a majority stake in the US-based living sector asset manager and...
ADX-listed Q Holding fully acquires Reem Investments amid expansion
Abu Dhabi ADX-listed investment holding company Q Holding has fully acquired Reem Investments, a company engaged in property investment and the development of real...
ADNOC to acquire Mubadala’s 25% stake in petrochem company Borealis
Abu Dhabi National Oil Company (ADNOC), has revealed that it will acquire a 25 percent shareholding in Borealis, one of Europe’s leading petrochemical companies,...
Aldar Investment acquires 70% of Abu Dhabi Business Hub; Unveils new...
Abu Dhabi-based leading real estate investment platform, Aldar Investment has completed the acquisition of a 70 percent equity interest in Abu Dhabi Business Hub.
According...
Twitter saga is happy-ending for Elon Musk; Acquires for $44bn
Billionaire and CEO of SpaceX and Tesla, Mr. Elon Musk has agreed to buy the American microblogging platform Twitter for $44 billion in cash...
India-based UltraTech invests 101.10mn in UAE’s RAKWCT; Acquires 29.39% share
India’s leading cement maker UltraTech Cement has invested $101.10 million for a 29.39 percent equity stake in the UAE-based public shareholding company Ras Al...
