M&A Brief of the Week

Reacap Financial Investments

Reacap Financial Investments approved the acquisition of the entire stake of Naeem Holding for Investments in Naeem Consulting Services.

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Alexandria Development Ltd

Alexandria Development Ltd has decided to submit a mandatory tender offer to acquire the remaining 11.07% shares of Alexandria Portland Cement.

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Al Ramz Corporation Investment and Development

The board of Al Ramz Corporation Investment and Development has approved acquiring a non-banking financial firm.

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Alexandria Portland Cement

Alexandria Portland Cement announced that its major shareholder Titan Cement International will submit a mandatory tender offer in the upcoming period.

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The Commercial International Bank

The Commercial International Bank – Egypt (CIB) plans to acquire a controlling stake in one of Kenya’s smallest banks. 

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Qatar Airways

Qatar Airways has acquired a 60% stake in a new $1.3 billion Rwanda’s Bugesera airport project. The government of Rwanda and Qatar Airways have announced an investment partnership for Rwanda’s new international airport.

 

Premium Healthcare

Aster DM Healthcare acquires 80 % stake in UAE-based Premium Healthcare.

Decypha Contribution Time: 12-Dec-2019 10:43 (GMT)
Decypha Last Update Time: 12-Dec-2019 10:43 (GMT)