M&A Brief of the Week

Alpha Dhabi Holding

Alpha Dhabi Holding, a subsidiary of International Holdings Company (IHC), has completed the acquisition of a 95% stake in Abu Dhabi-based Emirates Gateway Security Services.

Find more details on Decypha

 

National Petrochemical Company

National Petrochemical Company has entered into a non-binding Memorandum of Understanding with Saudi Industrial Investment Group for a proposed merger.

Find more details on Decypha

 

ADQ

ADQ has entered into a strategic partnership with International Holdings Company for a 50% stake in Eltizam Asset Management Group, a subsidiary of IHC, in exchange for AED 111.6 million.

Find more details on Decypha

 

Al Salam Bank – Bahrain

Al Salam Bank – Bahrain has signed a Memorandum of Understanding (MoU) to start discussions with Ithmaar Holding for a potential acquisition of a group of assets from Ithmaar.

Find more details on Decypha

 

Modern Shorouk Printing and Packaging

Modern Shorouk Printing and Packaging has accepted the acquisition offer submitted by the National Printing Company at a price of EGP 74.5 per share.

Find more details on Decypha

 

The National Bank of Egypt

The National Bank of Egypt (NBE) has signed a shareholder agreement with Mwasalat Misr to acquire 20% of the company’s shares by injecting new capital into the transport services provider.

Find more details on Decypha

 

Arkan Building Materials

Arkan Building Materials Company has completed its combination with Emirates Steel Industries, an integrated steel manufacturer, to form the UAE’s largest steel and building materials company.

Find more details on Decypha

 

Emaar Properties

Emaar Properties has approved the proposed merger with Emaar Malls by issuing 0.51 new shares in Emaar for every one share in Emaar Malls, excluding those in Emaar.

Find more details on Decypha

 

ADQ

ADQ has signed a definitive agreement to purchase the remaining 20% equity stake of The National Health Insurance Company (Daman) from Munich Re, a reinsurance provider.

Find more details on Decypha

 

Mubadala Capital

Mubadala Capital, an asset management subsidiary of Mubadala Investment Company, has acquired K-MAC Enterprises (K-MAC) from Lee Equity Partners Opportunities Fund.

Find more details on Decypha

Decypha Contribution Time: 14-Oct-2021 15:00 (GMT)
Decypha Last Update Time: 14-Oct-2021 15:01 (GMT)