M&A Brief of the Week

Bank ABC

Bahrain's Arab Banking Corporation (Bank ABC) finalised the acquisition of Blom Bank’s unit in Egypt for $480 million.

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Ataa Educational Co

Ataa Educational Company has inked a partnership agreement to acquire 52% of Riyadh-based Al Wasat National Schools for Training and Education Company.

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Agthia Group

The board of Agthia Group has approved to acquire the majority of Nabil Foods, a producer of frozen and chilled processed protein products.

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Zee Stores

Zee Stores, a subsidiary of International Holdings Company (IHC), has acquired 60% of privately-held Royal Horizon Holding in exchange for AED 80 million ($21 million).

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First Abu Dhabi Bank

First Abu Dhabi Bank (FAB) signed an agreement to acquire 100% of Bank Audi Egypt. 

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Decypha Contribution Time: 21-Jan-2021 06:39 (GMT)
Decypha Last Update Time: 21-Jan-2021 06:39 (GMT)