Tag: Global Acquisitions
VISA-Plaid deal hits roadblock as antitrust scrutiny looms
The US-based payment processor Visa's $5.3 billion deal to buy fintech startup Plaid could see a bit of resistance as the deal which allows...
Green Investment: UAE’s KBW Ventures backs US organic food company
Dubai-based investment firm KBW Ventures is foraying into the rapidly expanding organic gardening segment in America by taking part in the seed round of...
Tiffany-LVMH battle gets a new twist with imminent EU antitrust approval
The world’s largest luxury group, LVMH (Moët Hennessy Louis Vuitton) is expected to soon receive European Union antitrust approval for its much-maligned acquisition deal...
AMD closing in on Xilinx as 5G and data center demand...
One of the global leaders in semiconductor technology, US-based Advanced Micro Devices (AMD) is reportedly finalizing a 30 billion+ deal with programmable chipmaker Xilinx. Â
Reports...
Abu Dhabi’s Finablr has a new buyer in Israel-based Prism
Finablr, the embattled foreign exchange and digital payment company, reported that it had received an offer from Prism Advance Solutions to purchase the entire...
Walmart sells supermarket giant Asda in an $8.8 bn deal
Retail giant Walmart has agreed to sell its British supermarket chain, Asda, to investors behind a multinational group of petrol stations and grocery shops,...
Abu Dhabi’s Mubadala invests in India’s Reliance Retail with a $843mn...
Abu Dhabi-based sovereign investor, Mubadala Investment Company (Mubadala) has finalized its $843 million investment into Reliance Retail Ventures Limited (RRVL), a subsidiary of India’s...
STC remains “in talks” with Vodafone Egypt for a $2.4bn deal
On Sunday the largest telecom operators of Saudi Arabia Saudi Telecom Co (STC) said that no agreement has been reached to buy a 55...