Tuesday 28 June 2016
 
»
Tag
 
»
Stake

Morocco sells 40pc stake in port operator in IPO

The Moroccan government raised 1.94 billion dirhams ($197 million) by selling a 40 per cent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday. Marsa

More…

Midea Group to buy key stake in Italian AC firm

Midea Group Company, China’s biggest appliance manufacturer, signed an agreement to buy an 80 per cent stake in Clivet SpA, an Italian maker of air conditioners. The deal is expected to be completed by the end of the year, p

More…

Kuwait fund wants to sell Areva stake

Sovereign wealth fund Kuwait Investment Authority (KIA) has told French authorities it wants to sell its stake in nuclear group Areva, La Lettre de l'Expansion reported on Monday. KIA is Areva's second-biggest shareholder

More…

Dnata acquires stake in Asian travel firm

Dnata has reached an agreement to purchase a stake in the Destination Asia Group, marking the Dubai-based group's first foray into Asia’s inbound travel market. Destination Asia is an integrated destination management co

More…

Abu Dhabi group to buy 48pc Shuaa stake

Dubai's Shuaa Capital said on Wednesday that Abu Dhabi Financial Group had reached an agreement to buy the 48.36 percent stake of the investment bank held by Dubai Banking Group. The transaction, for which no value was disclos

More…

Three Gulf PE firms bid for stake in Al Borg Labs

Three Gulf-based private equity firms are competing to acquire a minority stake in Saudi Arabia's Al Borg Medical Laboratories, sources aware of the matter said on Monday. The Gulf Arab region's fast-growing healthcare sec

More…

Batelco quits Malta GO stake deal talks

Bahrain Telecommunications Co (Batelco) is no longer in talks to buy Maltese telecoms company GO, the Bahraini firm said on Tuesday. Last week, Batelco announced it had submitted a bid for GO, which is 60 per cent owned by Emirate

More…

Dubai Group selling Shuaa stake, other assets in 2016

Dubai Group is in the process of selling its stake in Shuaa Capital and is also obliged to divest its holdings in EFG Hermes and Bank Muscat this year, the chief executive of Dubai Group's parent firm said on Tuesday. Asked ab

More…

Qatar Airways boosts stake in BA owner

Qatar Airways said on Tuesday it had raised its stake in the British Airways-owner, International Consolidated Airlines Group (IAG), to 15.01 per cent and said it may consider acquiring more of the firm over time. In April, the fi

More…

Emaar Industries buys into Leaders Fort Contracting

Emaar Industries & Investments (EII), a member of Emaar Properties, has acquired a significant stake in the UAE-based privately owned Leaders Fort Contracting (LFC), a leader in specialised construction. EII already has a sign

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads