Sunday 22 April 2018
 
»
Tag
 
»
Stake

French group acquires major stake in Jordan's AIG

International airport operator Groupe Aéroports de Paris (ADP) has completed the acquisition of a controlling 51 per cent stake in Airport International Group (AIG), operator of Queen Alia International Airport in Amman, Jordan.

More…

AccorHotels acquires 50pc stake in Mantis Group

Accorhotels has signed a strategic agreement to acquire 50 per cent stake in Mantis Group, a South Africa-based hospitality and travel company. Mantis represents a collection of award-winning, privately owned, managed and branded

More…

DNO buys minority stake in Faroe Petroleum

DNO ASA, a Norwegian oil and gas operator, has announced that it has agreed to acquire 15.37 per cent of the share capital of Faroe Petroleum plc from Delek Group Ltd. The acquisition covers all Faroe Petroleum ordinary shares hel

More…

DP World to acquire stakes in Kazakhstan's SEZ

Dubai-based global marine terminal operator DP World has signed framework agreements with the government of Kazakhstan for the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos. DP World h

More…

Dubai Investments divests 50pc stake in driving centre

Dubai Investments has announced that its private equity subsidiary Masharie has divested its 50 per cent stake in Drive Dubai, one of the emirate's leading driving centres, for Dh35 million ($9.5 million). The stake sale gener

More…

Etihad has 'no plans to sell stake in Jet Airways'

Abu Dhabi-based Etihad Airways has rejected reports about its plans to sell its stake in Jet Airways.   The airline rejected a claim made by aviation think-tank CAPA in this regard. A tweet by Capa had said Etiha

More…

Ethiopia acquires 19pc stake in DP World port

Ethiopia will become a shareholder of the Port of Berbera following the signing of an agreement with DP World and the Somaliland Port Authority in Dubai, UAE yesterday (March 1). DP World will hold a 51 per cent stake in the proje

More…

Saudi PIF, GIC take key stake in AccorInvest

AccorHotels has signed agreements with a group of international investors, including Saudi Arabia's Public Investment Fund (PIF) and Gulf Investment Corporation (GIC), to sell a majority of AccorInvest's capital for €4.4 billion ($5

More…

Saudi firm eyes stake in Accor property unit

Saudi Arabia's Public Investment Fund (PIF) is in talks with international hotel operator Accor to acquire a 15 per cent stake of its property business, said a report. The potential transaction could value to SR28.66 billion (

More…

Saudi fund nears deal to buy key stake in Acwa Power

Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 per cent stake in Acwa Power International ahead of an initial public offering by the Riyadh-based energy producer, said a report. The Public Inv

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads