M&A Brief of the Week

Fawry

Fawry for Banking Technology and Electronic Payments has acquired a minority stake in Brimore as part of the social commerce platform's upcoming Series A funding round.

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Contactcars.com

Contactcars.com, a subsidiary of Contact Financial Holding, has acquired Sa3ar Technology Solutions, a dealer-specific auction dealer that provides car valuation technology.

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Arkan Building Materials Co

The board of Arkan Building Materials Company has approved the issuance of mandatory convertible bonds with a nominal value of AED 1 each to General Holding Corporation (Senaat) to acquire Emirates Steel Industries (Emirates Steel).

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Damac Properties Dubai Company

Damac Properties Dubai Company has received a disclosure from Hussain Ali Habib Sajwani stating that the Securities and Commodities Authority (SCA) approved for Maple Invest Co Limited to go on with the potential acquisition.

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National Printing Company

The Financial Regulatory Authority announced the publication of a mandatory tender offer (MTO) submitted by the National Printing Company to acquire Modern Shorouk Printing and Packaging.

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Decypha Contribution Time: 26-Sep-2021 11:18 (GMT)
Decypha Last Update Time: 26-Sep-2021 11:18 (GMT)