Friday 26 August 2016
 
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merger

GFH aims to buy control of Bank Al Khair

Bahrain-based Islamic investment bank GFH Financial Group (GFH) has signed a memorandum of understanding to buy a majority stake in Bank Al Khair, a Bahraini lender with a presence in several countries, GFH said on Monday. GFH did

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EU regulators to investigate Dow, DuPont $130bn merger

EU antitrust regulators have opened a full investigation into Dow Chemical and DuPont’s proposed $130 billion merger, saying the deal may reduce competition in crop protection, seeds and some petrochemicals. The European Com

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China extends review of Marriott-Starwood deal

China has extended its review of Marriott International's acquisition of Starwood Hotels & Resorts Worldwide by up to 60 days, the companies said on Monday. China's Ministry of Commerce (Mofcom) review is the only rema

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NBAD Q2 net profit dips 4.8pc, meets forecasts

National Bank of Abu Dhabi, the emirate's largest lender by assets, on Wednesday posted a 4.8 per cent fall in second-quarter net profit, broadly in line with forecasts. NBAD, which earlier this month said it had provisionally

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Dow, DuPont stockholders approve merger

DuPont and The Dow Chemical Company announced that stockholders of both companies have voted to approve all stockholder proposals necessary to complete the merger of equals transaction. This marks a key milestone in the process to

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United Arab Shipping seals Hapag-Lloyd merger deal

Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company (UASC) have signed a business combination agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Apart from the BCA, th

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Saudi petchems eye M&A as part of efficiency drive

Saudi petrochemicals producers are looking for mergers and acquisitions to secure scale and raw materials as part of an efficiency drive to adjust their businesses to lower oil prices. The industry has developed substantially sinc

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Saudi petchem firms eye M&A as part of efficiency drive

Saudi petrochemicals producers are looking for mergers and acquisitions to secure scale and raw materials as part of an efficiency drive to adjust their businesses to lower oil prices. The industry has developed substantially sinc

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Saudi petchem firms eye M&A as part of efficiency drive

Saudi petrochemicals producers are looking for mergers and acquisitions to secure scale and raw materials as part of an efficiency drive to adjust their businesses to lower oil prices. The industry has developed substantially sinc

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UK’s Restrata merges with Stirling Group

UK-based Restrata and Stirling Group have merged to form a major new force in global health, safety, security, environment and risk management. The merger brings together two businesses which have been successful in their respecti

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