Friday 24 March 2017
 
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merger

Moroccan developers Vecteur LV, Petra set for merger

Leading Moroccan real estate developers Vecteur LV (VLV) and Petra said they have won approval from the shareholders for their merger, thus leading to the creation of a new commercial real estate platform. As a result of the merge

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FGB, NBAD directors discuss key merger issues

The board of directors of the combined entity that will result from the merger of FGB and the National Bank of Abu Dhabi (NBAD), met today and took some key decisions to ahead of the legal completion of the merger in the coming weeks.

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Emirates rubbishes reports on Etihad merger

Dubai's Emirates airline has dismissed reports of a possible merger with UAE national carrier Etihad Airways, said a Wam news agency report. The rebuttal comes after media reports claimed that the two Gulf carriers were in tal

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Qatar banks' merger 'will be good for sector'

A proposed merger between three Qatari banks -- Masraf Al Rayan, Barwa Bank and International Bank of Qatar -- if successfully completed, would create the largest Islamic bank and the second largest bank in Qatar, and would result in a more bala

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Tourico Holidays joins Hotelbeds Group

Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry, has announced plans for Tourico Holidays to merge with its Bedbank business unit. Joan Vilà, executive chairman of Hotelbeds

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Etihad denies Lufthansa merger rumours

UAE's Etihad Airways has denied recent reports about a possible merger with Germany's Lufthansa, said a report. Media speculations arose when Reuters had quoted Italian newspaper Il Messaggero which reported that executive

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Linde, Praxair agree $65bn merger, eye big savings

German gases and engineering group Linde and US-bases Praxair, a global leader industrial gases, have agreed to combine in a $65-billion merger under a new holding company through an all-stock transaction. The combination would cr

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Linde, Praxair agree $65bn merger, eye big savings

German gases and engineering group Linde and US-bases Praxair, a global leader industrial gases, have agreed to combine in a $65-billion merger under a new holding company through an all-stock transaction. The combination would cr

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Alaska Air-Virgin America merger gets US nod

The US Department of Justice (DOJ) has approved Alaska Air Group’s $2.6 billion acquisition of Virgin America after the former agreed to implement limited changes to its codeshare agreement with American Airlines.  Alas

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Praxair revives $60bn merger talks with Linde

US-based Praxair, a worldwide industrial gases company, has restarted negotiations with Germany’s Linde over a merger that would create a $60 billion industrial-gas giant, two months after previous talks broke down, a report said.

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