EADS confirms shareholder shake-up talksEurope's largest aerospace group EADS said it was in talks with major European nations to reach a deal aimed at overhauling a convoluted shareholder structure at the company. The Airbus parent company said it was in talks on t More… |
Ithmaar says strategic moves paying offIthmaar Bank remains firmly committed both to its shareholder and to Bahrain, and has delivered on promises it made last year by significantly increasing its income and expanding its retail banking network despite last year' challenges, said a sen More… |
Renaissance plans $104m convertible bondOman's Renaissance Services said on Tuesday it will ask shareholders to approve plans for a 40 million rials ($103.9 million) offering of zero coupon convertible bonds. The approval will be sought at a shareholder meeting on March 25, the More… |
Kuwait's Kharafi says committed to ZainMajor Zain shareholder Kharafi Group, which has twice tried to sell its stake in the Kuwaiti telecoms operator, will now stick with its holding as the firm embarks on expansion plans. Bader al-Kharafi, whose family and related compan More… |
RHB says ADCB no longer major shareholderMalaysia's RHB Capital said on Tuesday that Abu Dhabi Commercial Bank had ceased to be a substantial shareholder in the company after its unit sold its shares to Aabar Investments. RHB said that ADCB Holdings (Malaysia) had on 30 September More… |
TPG Capital seals Saxo stake dealTPG Capital, a leading global investment firm, said its unit has signed a deal to acquire a 30 per cent stake in Saxo bank, a leading online trading and investment specialist. As per the deal, the global buyout group of TPG, a leading pri More… |
Zain's key stakeholder 'ready for Etisalat deal'The Kharafi Group, a major Zain shareholder, has received enough shares to tender to Etisalat's offer for a 46-per cent stake in the Kuwaiti telecoms firm, an executive said on Thursday. Kharafi unit National Investments Company (NIC) More… |
Delta Partners invests in US telecom firmDelta Partners, a leading Dubai-based TMT advisory and investment firm, has become a shareholder in Aricent, a US-headquartered technology and services company focused exclusively on communications. Aricent combines the leading innova More… |
Qatar Holding becomes top investor in UK firmQatar Holding, the investment arm of Qatar's sovereign wealth fund, said on Saturday it had become the largest shareholder in Songbird Estates, owner of much of London's Canary Wharf business hub. AIM-listed firm Songbird has confi More… |








