Kuwait Food (Americana) asked for its shares to be suspended on the Kuwaiti bourse on Wednesday after its main shareholder said it was reviewing its portfolio, including its stake in the firm.
Americana said Al Khair National for
Michael Dell has clinched shareholder approval for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No.3 PC maker.
Europe'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
Ithmaar 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
Oman'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
Major 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
Malaysia'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
TPG 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
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)
Delta 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