Tag: Acquisition
UAE-based Ras Al Khaimah Cement buys IHC’s Apex Holding for $830mn
UAE-based leading cement manufacturing facility Al Khaimah Cement Investment Company (RAKCIC) has agreed to buy entire shares of International Holding Company (IHC) and Chimera...
Yas Holding’s investment arm acquires UAE’s top pharma distributor
GlobalOne Healthcare Holding (GHH), Yas Holding's healthcare investment arm, has acquired one of the leading pharmaceutical distributors in the UAE, Al Ittihad Drug Store...
Oman’s MDO takes 14.8% stake in Synergies Casting Oman
Oman-based closed joint-stock company, Minerals Development Oman (MDO) has entered into a strategic partnership with the leading manufacturer of aluminum alloy and chrome-plated wheels,...
Zoom acquires key assets from event production startup Liminal
US-based video-conferencing platform Zoom has acquired key assets from a startup called Liminal that builds add-ons for the platform.
Liminal’s add-ons, known as ZoomOSC and...
Abu Dhabi-based IHC acquires majority stake in Al Qudra Holding
Abu Dhabi-based investment firm International Holding Company (IHC) has acquired a majority and controlling stake in the region’s leading real estate, services, hospitality, and...
Abu Dhabi’s Agthia concludes takeover of regional snack maker BMB Group
Abu Dhabi-based leading food and beverage company, Agthia Group has concluded the strategic acquisition of a 100 percent stake in Baklawa Made Better (BMB)...
GFH & Wafra International unite to acquire logistics assets in US
Bahrain-based Islamic investment bank GFH Financial Group has partnered with Kuwait’s asset management company Wafra International in order to acquire a portfolio of logistics...
Abu Dhabi-based Mubadala acquires minority stake in Russia’s Sibur
Abu Dhabi-based sovereign investor Mubadala Investment Company has acquired a 1.9 percent stake in petrochemicals company Sibur, marking the company’s largest investment in Russia.
The...
