Japanese electronics supplier Panasonic said it was ready to spend one trillion yen ($8.4 billion) on acquisitions over the next four years, emboldened by a stronger profit outlook for its automotive and housing technology businesses.
Bahrain Commercial Facilities Company (BCFC) is looking at acquisitions and investment opportunities in Bahrain and outside, according to the company's top official.
"This is the last year of our current strategic plan an
National Bank of Bahrain (NBB) is on the lookout for sound merger and acquisition opportunities in Bahrain and the wider GCC region, it has emerged.
The bank's chairman Farouk Almoayyed said the bank had surplus capital and li
Bank of Bahrain and Kuwait (BBK) is open to acquisitions of Islamic banks provided they offered a feasible business proposition, the bank's chairman Murad Ali Murad has said.
Speaking on the sidelines of a combined annual and
Sodic, one of the region’s leading real estate development companies, has signed an agreement with Tabrouk Developments to acquire a prime land on Egypt’s Mediterranean coast.
The acquisition provides Sodic, otherwise
Bahrain Kuwait Insurance Company (BKIC) is open to mergers and acquisitions to expand its brand footprint across the GCC region, the company's chief executive has said.
Ebrahim Al Rayes told the Gulf Daily News (GDN),
Abu Dhabi-owned Falcon Private Bank is open to buying rivals as it expects a wave of consolidation in the industry due to more onerous regulations, its global head of private banking said.
Swiss-based Falcon would be open to deals
Bahraini Islamic investment firm GFH plans to make a $230 million sukuk issue this year to help it fund acquisitions of two to three regional companies, the bank's chairman said.
The bank sold $170 million of convertible sukuk
InterContinental Hotels Group, one of the world's largest hoteliers, has agreed to buy US-focused Kimpton Hotels & Restaurants for $430 million to boost its exposure to the faster-growing boutique hotel sector.
IHG, home t
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