M&A Brief of the Week

Kuwait Finance House

Kuwait Finance House (KFH) has received a letter from the Central Bank of Kuwait (CBK), requesting KFH to conduct a comprehensive reassessment of its acquisition of Bahrain’s Ahli United Bank (AUB).

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Cairo Three A for International Industries

Cairo Poultry approved the board’s decision to accept the purchase offer submitted by Cairo Three A for International Industries to acquire Cairo Poultry’s stake in the Egyptian Starch and Glucose.

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Investcorp

Bahrain's Investcorp and Tages Group announced the creation of a 50-50 joint venture, Investcorp-Tages Limited, by combining the absolute return investments businesses of Investcorp and Tages Capital, the absolute return subsidiary of Tages.

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ADQ

ADQ is close to buying a Jordanian frozen food processor from its founders and the Carlyle Group LP.

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Growmore Group

UAE-based Growmore Group has signed a strategic agreement to acquire Medicinos Bankas UAB, a leading retail bank in Lithuania with an asset portfolio of $395 million.

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Decypha Contribution Time: 10-May-2020 12:02 (GMT)
Decypha Last Update Time: 10-May-2020 12:19 (GMT)