Monday 25 May 2015
 
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acquisition

BRS ‘Deal of the Year 2015’ award for Travelex acquisition

BRS Ventures and Holdings, jointly owned by renowned businessmen from Middle East - Saeed Bin Butti Al Qubaisi, Dr B R Shetty and Khalifa Bin Butti Omeir Al Muhairi, has won The Banker’s ‘Middle East M&A Deal of the Year 2015&rsq

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Endress+Hauser to completely acquire Analytik Jena

The Endress+Hauser Group, a leader in measurement instrumentation, services and solutions for industrial process engineering, is set to complete takeover of Germany-based Analytik Jena. The group is also interested in buying share

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Dubai retail operator posts $2.2m net loss

Marka, a Dubai-based retail operating company, has posted a net loss on Dh8.3 million ($2.28 million) for the three months ending on March 31, not reflecting the recent acquisitions or operational activities. The operational highl

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Panasonic eyes $8bn spending on acquisitions

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.

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BCFC opens to regional investment-acquisitions

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

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NBB eyes mergers and acquisitions across GCC

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

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'BBK keen on buying Islamic banks’

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

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Sodic acquires prime land on Mediterranean coast

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

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BKIC ‘open to M&A’ to expand footprint in GCC

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),

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Abu Dhabi-owned Falcon plans overseas bank acquisitions

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

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