Tag: Global Acquisitions
eBay to sell its Classified Ads unit to focus on core...
American multinational e-commerce corporation, eBay is in advanced discussions to sell its Classified Ads unit to the Norwegian company Adevinta as the online auction...
Aramco asks for revised Reliance deal; Wants price to be reconsidered
Talks regarding the deal between Saudi Aramco and the oil-to-chemical company of Reliance Industries Ltd have been halted over price, sources familiar with the...
Qatar’s Hassad collects 25% stake in Sunrise Foods Canada
Qatar's premier investor in the food and agri-business sectors, Qatar Investment Authority (QIA) backed Hassad has successfully acquired a 25% equity stake in Canadian...
Tech Giant Amazon reportedly spent $1bn+ to buy self-driving startup Zoox
American e-commerce giant, Amazon.com Inc. has closed a deal to acquire self-driving startup Zoox for over $1 billion. Several media sources have cited The Information...
Trade Deal of the Year; ADNOC signs Mega Energy Infrastructure Agreement
In the biggest global energy deal of the year yet, Abu Dhabi National Oil Company (ADNOC) entered into an agreement for $20.7 billion with...
Abu Dhabi’s Mubadala bets on Asian tech firms for future expansion
Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, intends to expand technology exposure following the latest $1.2 billion investment in India's Jio Platforms of...
Bahrain’s Investicorp backed Calligo acquires Ireland-based IT firm Itomic
Bahrain-based manager of alternative investments Investcorp has declared that Calligo, a firm in which it has a stake acquired Itomic Voice & Data, an...
Saudi Oil Giant Aramco concludes its takeover of 70% stake in...
Saudi Arabian Oil behemoth Aramco has successfully completed its share purchase of a 70 percent stake in Saudi Basic Industries Corporation (SABIC) from Saudi's...
