M&A Brief of the Week

Kuwait Finance House

Kuwait Finance House has amended the timeline applicable to its acquisition offer of Ahli United Bank’s total issued share capital.

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New Smart Investments Industrial and Commercial Company

New Smart Investments Industrial and Commercial Company has acquired 18.17% stake in Egyptians for Housing and Development.

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Sustainable Capital Africa Alpha Fund

Sustainable Capital Africa Alpha Fund has raised its ownership in Orascom Construction from 7.61% to 8.61%.

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Orascom Development Egypt

A special deal worth EGP 40.5 million was executed through the large-scale transactions mechanism on the shares of Orascom Development Egypt.

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Oman Electricity Transmission Company

The State Grid Corporation of China has completed the 49% equity acquisition of Oman Electricity Transmission Company from Nama Group.

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Decypha Contribution Time: 26-Mar-2020 08:49 (GMT)
Decypha Last Update Time: 26-Mar-2020 08:49 (GMT)