Tuesday 5 November 2024
 
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swap deal

Sodic to buy top developer MNHD in swap deal

Sixth of October Development & Investment Company (Sodic) said it has won approval from the company's board to acquire a leading Egyptian urban developer through a direct share swap deal. One of the region’s leading

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Lehman Europe takes Dubai Holding unit to court

Lehman Brothers' European unit has filed a lawsuit against Dubai Holding Commercial Operations Group (DHCOG) in a dispute over swap transactions, according to PricewaterhouseCoopers. 'LBIE (Lehman Brothers International Europe) iss

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Iran N-deal: Western powers sceptical

Western powers expressed scepticism over the deal Iran agreed with Brazil and Turkey on Monday to send some of its uranium abroad, reviving a fuel swap plan drafted by the UN earlier. The White House said Iran must take steps to prove its

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Iran, Brazil, Turkey sign nuclear swap deal

Iran, Brazil and Turkey signed an agreement on Monday over a nuclear fuel swap designed to allay international concern over the Islamic Republic's atomic ambitions.    Iran said it had agreed to swap 1,200 kg of its low-enr

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Almarai seeks share swap in Hadco takeover

Saudi Arabia's Almarai Company, the Gulf's largest dairy firm by market value, said on Saturday it had offered to take over local Hail Agricultural Development Company (Hadco) through a share-swap deal. Almarai is offering Hadco

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