Mubasher TV
Contact Us Advertising   العربية

Mergers and Acquisitions

The Ivy
12 April 02:31 PM IHC-backed DIAFA buys majority stake in Caring hospitality empire
Abu Dhabi – Mubasher: DIAFA, a luxury hospitality platform and affiliate of Abu Dhabi’s International Holding Company (IHC), has acquired a majority stake in Richard Caring’s portfolio. DIAFA took over The Ivy Brasseries as well as The Birley …
Photo Archive
12 April 11:31 AM ADES extends offshore rig contract in Nigeria
Riyadh - Mubasher: ADES Holding Company has extended the drilling contract with Chevron Nigeria Limited for its premium jackup rig, Shelf Drilling Scepter, for one year, with a one-year unpriced option. The extension adds approximately SAR 178 …
Photo Archive
7 April 06:44 PM BinDawood Holding eyes 51% majority stake in Vaza for SAR 218m
Riyadh - Mubasher: BinDawood Holding Company inked a share purchase agreement (SPA) to acquire 51% of the shares in Vaza Food Company for an amount of SAR 217.90 million, according to a bourse disclosure. The acquisition aligns with the group’s …
Kingdom Holding Company
2 April 08:00 PM Kingdom Holding to acquire equity in Breakthrough Energy from Prince Al Waleed
Riyadh – Mubasher: Kingdom Holding Company has signed a share purchase agreement to acquire a stake in US-based Breakthrough Energy Ventures from Prince Al Waleed bin Talal bin Abdulaziz Al Saud, according to a bourse filing. The equity takeover …
International Holding Company (IHC)
1 April 05:18 PM IHC obtains requisite approvals for 41.5% equity acquisition in Sammaan Capital
Abu Dhabi – Mubasher: International Holding Company (IHC) has received all regulatory approvals to acquire approximately 41.50% stake in India-based Sammaan Capital Limited on a fully diluted basis, according to a press release. The transaction …
Photo Archive
26 March 06:35 PM Al Baraka Bank Egypt files MTO to acquire majority stake in A.T. LEASE
Cairo - Mubasher: The Financial Regulatory Authority (FRA) is currently reviewing a mandatory tender offer (MTO) request by Al Baraka Bank Egypt to acquire a majority stake in Al Tawfeek Leasing Company (A.T. LEASE). The proposal seeks to acquire …
Photo Archive
24 March 02:13 PM GASCO to acquire 50% stake in JACKO Gases for SAR 125m
Riyadh - Mubasher: National Gas and Industrialization Company (GASCO) inked an equity interest purchase agreement to acquire a 50% equity in JACKO Gases for a total value of SAR 125 million. The acquisition follows a 100% capital increase of JACKO …
Photo Archive
23 March 05:44 PM Borouge announces major shareholder following acquisition of ADNOC, Borealis equities
Abu Dhabi – Mubasher: Borouge has issued a notification of change in ownership after Borouge Group International AG completed the acquisition of the majority stake by owning 90% of the company’s share capital. Towards the formation of Borouge …
Crescent Petroleum
19 March 12:49 AM Crescent Petroleum transfers shareholding in Dana Gas
Abu Dhabi – Mubasher: Dana Gas stated that CP Upstream Holding (DG) Limited’s ownership percentage has reached 20%, based on the records received from the Abu Dhabi Securities Exchange (ADX). This announcement was made as Crescent Petroleum …
Cambridge Health
17 March 01:03 PM Cambridge Health completes 100% takeover of Saudi Sukoon International
Dubai - Mubasher: Cambridge Health Group, a subsidiary of Amanat Holdings, has completed the acquisition of the remaining minority interest in Sukoon International Holding Company, a Saudi Arabia-based provider of acute extended care, …
Judan Financial Holding
10 March 02:45 AM IHC’s Judan Financial expands global asset management footprint through US investment
Abu Dhabi – Mubasher: Judan Financial Holding, a subsidiary of International Holding Company (IHC), has made its first strategic investment in US-based investment management firm Alpha Wave Global for a 50.1% stake in the company. The investment …
Photo Gallery
8 March 11:42 AM 2PointZero takes over majority stake in Italy’s ISEM Packaging for AED 704m
Abu Dhabi - Mubasher: 2PointZero Group, formerly Multiply Group, has completed the acquisition of a 60.80% stake in Italy-based ISEM Packaging Group for AED 704 million, marking its expansion into the global packaging sector. The transaction was …