Tag: Stake Sales
UAE’s Etihad sells its entire stake in Air Seychelles
UAE’s national airline Etihad Airways has sold its 40 percent stake in the national airline of the Republic of Seychelles, Air Seychelles, handing over...
Dubai’s Amanat sells stake in education provider Taaleem for $95.3mn
GCC’s largest healthcare and education investment company Amanat Holdings has sold its 21.7 percent stake in Taaleem Holdings for $95.3 million (Dh350 million) to...
Saudi Arabia in talks to sell 1% stake in Aramco; Crown...
Saudi Arabia's Crown Prince, Mohammed bin Salman Al Saud, has stated that the kingdom is in negotiations to sell a one percent stake in...
Virgin Galactic Chairman sells his personal stake for $213mn
American spaceflight company Virgin Galactic Chairman Chamath Palihapitiya has sold his personal stakes in the space-tourism company founded by Richard Branson for around $213...
Toshiba to sell its 40.2% stakes in Kioxia
Toshiba Corp is planning to phase out its 40.2 percent stake in Kioxia Holdings after the world's second-largest flash memory chip company revealed its...
ADIA to buy 1.16% stake in Reliance Jio Platforms
Abu Dhabi Investment Authority will invest $752 million to buy a 1.16% stake in Reliance Jio.
This will be the third investment that Reliance's...
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...
yallacompare raises $4.25M from Kuwaiti’s Gulf Insurance Group
Egypt and the Middle East’s finance comparison site yallacompare has raised $4.25 million through the sale of a 9.6% stake to Kuwaiti’s Gulf Insurance...
