The Italian unit of ArcelorMittal Distribution Solutions is planning to create a new joint venture with Italian service CLN (Coils Lamiere Nastri), said a report.
The European Commission’s directorate-general for com
Dubai's Emirates National Oil Company (Enoc) has hired a five-person team to work on mergers and acquisitions for the company as it seeks to expand beyond its home emirate, banking sources told Reuters on Sunday.
Omani Islamic lender Bank Nizwa hopes to complete a merger with United Finance Co this year as it aims for faster growth in the country's crowded banking sector, the bank's chief executive told Reuters.
The potential deal
Mazaya Qatar Real Estate Development has called off its merger plans with Mackeen Holding, a closed Qatari shareholding firm, said a report.
The Qatari firms had last February announced their proposed merger following talks and co
The United Arab Emirates government would favour a merger of the main Abu Dhabi and Dubai bourses, but the decision is up to the exchanges themselves, economy minister Sultan bin Saeed Al-Mansouri said on Wednesday.
He was speakin
IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks, said it has signed an agreement with Cat Auction Services, an alliance of Caterpillar, to merge the two companies.
Abu Dhabi state fund Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a $22 billion merger that will create Southeast A
Malaysia's CIMB Group Holdings and two smaller domestic lenders have agreed to create the country's biggest banking group, in a deal that financial sources say will value the merged entity at around $22 billion.
A total of 299 merger and acquisition transactions were completed in the first six months of the year in the oil and gas industry globally, one less than in the same period a year earlier.
The total value of deals in the first hal
Activist investor Starboard Value LP said it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL.
Starboard, the second activist investor to target Yahoo in the las