M&A Brief of the Week

Investcorp

Investcorp announced that its European real estate business has acquired The Bridge, a single let office and research and development asset in Brussels, from a wholly-owned subsidiary of the Coca-Cola Company for EUR 88 million.

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Kuwait Projects Holding

Kuwait Projects Holding has increased its stake in OSN to 87.6% from 60.5% through participation in capital calls and an arbitration decision.

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The Securities House

The Securities House announced the completion of the legal procedures of its merger with Al Aman Investment.

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Burgan Bank

Burgan Bank said that it plans to transfer the ownership of its 51.8% stake in Bank of Baghdad to the United Gulf Holding Company, which is a sister company of the Kuwait-based bank.

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Egypt Gas

Egypt Gas announced that it has completed transferring the ownership of an 11% stake in the Egyptian Company for Natural Gas Distribution in Cities from the Egyptian Natural Gas Company.

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Decypha Contribution Time: 19-Mar-2020 08:37 (GMT)
Decypha Last Update Time: 19-Mar-2020 08:37 (GMT)