Tag: Acquisition
Jack Dorsey’s Square shareholders give go-ahead for Afterpay takeover
Square, the digital payments platform led by Twitter founder Mr. Jack Dorsey, has secured shareholders’ approval for the issuance of new shares for the...
UAE’s Empower acquires district cooling system of Dubai airport
Dubai-based district cooling services provider Emirates Central Cooling Systems Corporation (Empower) has signed an agreement to acquire the district cooling systems of Dubai International...
Bahrain’s Arcapita forms $800mn real estate JV to expand US portfolio
Arcapita Group Holdings (Arcapita), Bahrain-headquartered investment firm, has formed a joint venture (JV) with Arden Group, a US real estate investment firm, to acquire...
Hussain Sajwani’s Maple Invest bids to buy 100% of Damac’s share
Maple Invest, an investment vehicle fully owned by Damac Properties' founder Mr. Hussain Sajwani, submitted an offer to purchase 100 percent of the issued...
PayPal to tap into Social Media Commerce with Pinterest deal
PayPal, the American payment giant, has made a $45 billion offer to buy Pinterest, a popular social media and image-sharing service, a move that...
IHC’s Multiply Group fully acquires UAE-based Viola Communications
Abu Dhabi-based International Holdings Company’s (IHC) subsidiary and fast-growing diversified company, Multiply Group has fully acquired leading marketing and communications firm Viola Communications.
According to...
Abu Dhabi’s ADQ acquires remaining 20% stake in Daman
Abu Dhabi-based largest holding company ADQ has signed a definitive agreement to acquire the remaining 20 percent equity stake of the National Health Insurance...
Sharjah’s HFZA adds steel giant ArcelorMittal into its investors’ base
Sharjah’s Hamriyah Free Zone Authority (HFZA) has signed an agreement with ArcelorMittal Projects, a unit of the ArcelorMittal Group, to acquire the assets of...
