Tag: Acquisition
AXA sells its insurance operations in the Gulf region
French insurance giant AXA has sold its insurance works in the Gulf region to Kuwait's Gulf Insurance Group (GIG). The deal involves the shares...
Investcorp-owned ABAX acquires telematics firm Automiles
The Bahrain-based global asset manager, Investcorp’s portfolio company ABAX has acquired Automile, Nordic region-based telematics and Internet of Things (IoT) services provider firm.
ABAX is...
VF Corp to buy US footwear brand Supreme at $2.1bn
The American apparel and footwear company VF Corporation is expected to buy streetwear apparel firm Supreme at a range of $2.1 billion.
The company, which...
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...
