Friday 25 July 2014
 
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acquisition

Roche plans to steer clear of big acquisitions

Roche plans to steer clear of the wave of big takeovers sweeping through the healthcare industry and focus instead on small acquisitions and partnerships, the Swiss drugmaker's chief executive said in an inte

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Saudi CPC acquires top Egypt glass company

Saudi Arabia’s Construction Products Holding Company (CPC) said it has completed the acquisition of Sphinx Glass, a 200,000-ton-per-annum, float glass production facility in Egypt. The Saudi firm signed a sale and purchase a

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Kalaam among top Bahrain service providers

Kalaam Telecom has announced that with the completion of acquisition of Lightspeed it has become the second largest corporate service provider in Bahrain. It now has a cumulative client base of more than 4,000 customers across all

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NBK Capital advises Mezzan on key acquisition

NBK Capital, a subsidiary of the National Bank of Kuwait (NBK) said it advised Kuwaiti conglomerate Mezzan Holding Company in its recent acquisition of UAE-based Unitra Mets Group (UMG), a leading beverage distributor. Mezzan acqu

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Abu Dhabi IPIC repays $2bn acquisition loan

Abu Dhabi's state-owned fund International Petroleum Investment Co has repaid in full a $2 billion loan that its unit took out in 2011 to finance the purchase of a stake in Malaysian bank RHB Capital, banking sources aware of the matter said

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Danone, Abraaj join to acquire Fan Milk

Danone, a food products multinational company, has signed a deal to join with the Abraaj Group, a leading investor operating in growth markets, in the acquisition of Fan Milk International. Fan Milk is a leading manufacturer and d

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OSN acquires Pehla network

OSN, a leading pay-TV network in the Mena region, has expanded its entertainment bouquet with the acquisition of Pehla Media and Entertainment, the region’s largest provider of South Asian pay television content. The acquisi

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Dubal, Mubadala take over Guinea Alumina Corp

Dubai Aluminium (Dubal), the owner of the world's largest single-site primary aluminium smelter and Abu Dhabi state investment fund Mubadala have secured the full ownership of Guinea Alumina Corporation (GAC). A leading producer of

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Xodus acquires Dubai energy group

International energy consultancy Xodus Group has acquired the business of Dubai-based Prime Energy as part of its plan to make the Middle East operational base one of the largest in the company. Prime Energy provides management an

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Mideast M&A activity picking up

After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to global banks which scaled back their regional operations because of a dearth of deal flow, said experts.

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