Tag: Mergers
Abu Dhabi NMDC-NPCC merger to create EPC player; Gains regulatory approvals
Abu Dhabi-based National Marine Dredging Company (NMDC) has completed its merger with National Petroleum Construction Company (NPCC), following the approvals from regulatory authorities.
The agreement,...
Abu Dhabi NPCC-NMDC merger gets internal approvals
Abu Dhabi-based National Marine Dredging Company (NMDC) approved the offer of the General Holding Corporation (Senaat) and other minority shareholders of National Petroleum Construction...
S&P Global in talks to acquire IHS Markit for about $44bn
The American research and analytics firm S&P Global is reportedly holding discussions to acquire the London-based information provider IHS Markit for about $44 billion.
As...
Nasdaq to buy Canadian financial fraud detection firm Verafin
The American stock exchange Nasdaq will be acquiring Verafin, a Canada-based leading financial crime management platform for $2.75 billion.
The cloud-based platform Verafin, founded in...
Dubai Islamic Bank merges with Noor Bank
Dubai Islamic Bank (DIB), the largest Shariah-compliant bank in the UAE, has completed the integration of Dubai-based Noor Bank following the successful merger of...
GCC real estate consolidation likely along with cost cuts; Industry Sources
As the downturn caused by the coronavirus pandemic continues, industry sources suggest that real estate developers in the Gulf Cooperation Council (GCC) region are...
Saudi Banks Merge; NCB set to acquire Samba in a $15.3bn...
Two of the largest banks in Saudi Arabia, The National Commercial Bank (NCB) and Samba Financial Group have entered into an initial agreement to...
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...
