British aircraft services company BBA Aviation confirmed talks to merge with parts of Dubai Aerospace Enterprise (DAE), and said it had bought US firm Maguire Aviation for $69 million.
BBA's shares opened 6
The boards of NYSE Euronext and Deutsche Boerse AG are expected to meet on Tuesday to give final approval to a deal, the details of which are still being thrashed out, a source close to the deal said.
Most of the tough decisions, including
Qatari banking giants Al Khaliji and the International Bank of Qatar (IBQ) said they are in final stages of negotiations and due diligence, including formal discussions with key regulators on the proposed merger.
The discussions on the pro
Dubai's largest listed real estate firm Emaar Properties expects 'technical talks' for its planned merger with state owned developers to be concluded within a month, its chairman said in remarks aired on Saturday.
The new firm
Dubai developers Deyaar and Union Properties denied on Tuesday that they were in merger talks but were unable to say if the government was looking into ordering a tie-up amid tightening liquidity.
On Monday, a news agency reported that Dey
Etihad Airways said that it is not in merger talks with UK-based airline BMI, as reported in a British newspaper, a report said.
BMI has 11 per cent of the takeoff and landing slots at London's Heathrow airport.
Abu Dhabi's Etihad Airways has held initial talks about a merger with bmi that could value the British airline at up to 600 million pounds ($1.1 billion), the Sunday Times said.
The newspaper, quoting unidentified senior sources in the