M&A Brief of the Week

Gulf Capital

The UAE-based Gulf Capital has acquired the majority stake in CWB Group.

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Raya Contact Center

Raya Contact Center agreed to submit a non-binding acquisition proposal to acquire a contact centre services company operating in the GCC region.

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AlAhli Takaful

Chubb Arabia Cooperative Insurance Company and AlAhli Takaful Company (ATC) announced they agreed to end and discontinue merger discussions.

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Dubai Financial Market

The Dubai Financial Market (DFM) announced a direct bulk deal on around 1.47 million shares of Emirates Refreshments Company at a price of 2.95 per share.

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First Abu Dhabi Bank

First Abu Dhabi Bank (FAB) has resumed exclusive discussions with Lebanon's Bank Audi regarding the potential acquisition of Bank Audi Egypt.

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Mubadala Investment Company

The Abu Dhabi-based Mubadala Investment Company, and OMV have completed the transaction for OMV to acquire an additional 39% stake in Borealis from Mubadala.

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Decypha Contribution Time: 01-Nov-2020 08:03 (GMT)
Decypha Last Update Time: 01-Nov-2020 08:03 (GMT)