M&A Brief of the Week

Saudi Mouwasat Medical Services Co

Saudi Mouwasat Medical Services Co. has signed a nonbinding deal to fully acquire Egypt’s Al-Marasem International Hospital.

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Egyptian International Pharmaceutical Industries

Egyptian International Pharmaceutical Industries (EIPICO) is planning to fully own Upper Egypt Pharmaceuticals (UP Pharma).

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ADNOC Drilling Company

ADNOC Drilling Company has reached a sale and purchase agreement (SPA) to acquire two additional premium offshore jack-up drilling units.

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DAMAC Group

DAMAC Group has purchased the Swiss jewellery brand, de GRISOGONO, to strengthen the jeweller’s distribution network and development worldwide.

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Gulf Islamic Investments

Gulf Islamic Investments (GII) has fully acquired Anglo-Gulf Trade Bank (AGTB) from Mubadala.

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Al Maha Ceramics Company

Al Maha Ceramics Company announced that it has signed an agreement to purchase 45 per cent stake in Al Hael Ceramics Company for a value of RO2.1mn.

 

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Aramex

Aramex has signed a binding agreement to fully acquire Access USA Shipping (MyUS), a US-based technology-driven platform that enables cross-border e-commerce, in exchange for $265 million.

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Decypha Contribution Time: 02-Jun-2022 17:21 (GMT)
Decypha Last Update Time: 02-Jun-2022 17:21 (GMT)