M&A Brief of the Week

Saudi National Commercial Bank

The Saudi National Commercial Bank (NCB) is exploring a deal to acquire Samba Financial Group for $13 billion.

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Agility Public Warehousing

Agility Public Warehousing has approved its investment in the private securities offering of Tortoise Acquisition Corp.

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Maridive and Oil Services

Maridive and Oil Services said that Khaled Abdullah Al Subeaei Holding Company offered to acquire its 99.99%-owned subsidiary Maridive Offshore Projects.

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Dallah Healthcare Company

Dallah Healthcare Company has signed a final purchase agreement with Makkah Medical Center Company to buy 78.59% of its capital or 2.389 million shares for SAR 161.1 million.

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Oman Arab Bank

Oman Arab Bank has announced that it is moving ahead with its planned takeover of Alizz Islamic Bank.

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Abu Dhabi National Energy Company

Abu Dhabi National Energy Company (TAQA) has completed its merger deal with Abu Dhabi Power Corporation (ADPower).

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The Egyptian Company for Construction Development

The Egyptian Company for Construction Development is set to complete a deal to acquire 85% of El-Wafaa for Tourism Investment Co. for EGP 94.6 million from Al Forsan Real Estate Development & Investments.

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Decypha Contribution Time: 09-Jul-2020 10:30 (GMT)
Decypha Last Update Time: 09-Jul-2020 10:53 (GMT)