M&A Brief of the Week

Cairo Three A for International Industries.

The Egyptian Financial Regulatory Authority approved a request to publish the mandatory tender offer submitted by Cairo Three A for International Industries to acquire the Egyptian Starch and Glucose.

Find more details on Decypha

 

Commercial International Bank

The Commercial International Bank - Egypt (CIB) announced the acquisition of 51% of what is to be renamed as Mayfair CIB Bank Limited.

Find more details on Decypha

 

Dar Al Takaful

Dar Al Takaful has agreed on AED 215 million acquisition of Noor Takaful General and Noor Takaful Family.

Find more details on Decypha

 

Raya Holding for Financial Investment

Raya Holding for Financial Investment announced that several local and foreign direct investment companies showed interest in acquiring its subsidiary Bariq For Techno & Advanced Industries.

Find more details on Decypha

 

Emerging Markets Emerging Markets Property Group       

Emerging Markets Emerging Markets Property Group (EMPG), and OLX Group, a subsidiary of Prosus, announced their merger in the UAE, Egypt, Lebanon, and Pakistan.

Find more details on Decypha

 

LuLu Group

An investment firm backed by a member of Abu Dhabi’s royal family agreed to buy a stake estimated at just over US$ 1bn in the Lulu Group, which runs one of the Middle East’s largest hypermarket chains.

 

Public Investment Fund

The Public Investment Fund purchased $500 Million Stake in Live Nation Entertainment, the world’s largest live-entertainment company.

 

ADQ

Abu Dhabi based holding company ADQ, has fully acquired UAE-based National Petroleum Construction Company (NPCC).

Decypha Contribution Time: 03-May-2020 09:43 (GMT)
Decypha Last Update Time: 03-May-2020 09:43 (GMT)