Tag: Acquisition
Saudi Aramco to acquire Valvoline Global Products for $2.65bn
Saudi Arabian Oil Company (Aramco) has signed an equity purchase agreement to acquire the Global Products business of Valvoline for $2.65 billion.
Valvoline Global Products...
UK-based Actis to acquire controlling stake in UAE’s Yellow Door Energy
UK-based leading global investor in sustainable infrastructure, Actis has signed definitive transaction documents for the acquisition of a controlling stake in UAE-based Yellow Door...
UAE’s ADNOC Distribution to acquire 50% stake in TotalEnergies Marketing Egypt
UAE's largest fuel and convenience retailer, ADNOC Distribution will acquire a 50 percent stake in TotalEnergies Marketing Egypt for approximately $186 million.
Established in 1998,...
Aldar acquires RAK’s DoubleTree by Hilton Resort & Spa for $220mn
Aldar Properties, through its Aldar Investment business, has acquired the beachfront resort, DoubleTree by Hilton Resort & Spa Marjan Island, and an adjacent beachfront...
ADNOC L&S acquires Abu Dhabi’s Zakher Marine International
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), has acquired Zakher Marine International...
Saudi’s BinDawood Holding to acquire majority stake in French marketing firm...
Saudi Arabia’s supermarket and hypermarket chain, BinDawood Holding has entered into exclusive negotiations for the potential acquisition of a majority stake in the French...
Eshraq Investments nears completion of acquiring Goldilocks Fund
Eshraq Investments, an Abu Dhabi Securities Exchange (ADX)-listed company, has revealed that it is nearing completion of the process of acquiring SHUAA-managed Goldilocks Fund...
Amazon to acquire primary healthcare provider One Medical for $3.9bn
American eCommerce giant Amazon has agreed to buy primary care provider One Medical for $3.9 billion, marking a major expansion of the company’s move...
