Hindustan Infralog Private Limited/ DP World
Hindustan Infralog Private Limited, a joint venture between DP World and the National Investment and Infrastructure Fund in India, has announced the acquisition of a 76 % stake in Kribhco Infrastructure Limited, a logistics operator in India.
Find more details on Decypha: https://www.decypha.com/en/news/details/HIPL-acquires-76--stake-in-Kribhco-Infrastructure-Limited-in-India/20986360?TSID=,111108,&EDT=,1,&L=EN
Investcorp
Bahrain’s Investcorp has entered into an agreement to acquire Mercury Capital Advisors. Mercury will remain an independent business operating under its current leadership team.
Find more details on Decypha: https://www.decypha.com/en/ma-details/23243
Al Ahsa Development Company
Al Ahsa Development Company has made a memorandum of understanding (MoU) to acquire Al Salam Medical Services Company for 90 days until 28 August.
Find more details on Decypha: https://www.decypha.com/en/news/details/Al-Ahsa-extends-MoU-to-acquire-Al-Salam-Medical-Services/20986696?TSID=,14240,&EDT=,1,15,68,&L=EN
Gulf Capital
Gulf Capital announced the acquisition of a 70% stake in UAE’s Medica Holding.
Find more details on Decypha: https://www.decypha.com/en/ma-details/23284
Careem
Careem has acquired UAE-based bike-sharing company Cyacle for an undisclosed sum.
Find more details on Decypha: https://www.decypha.com/en/ma-details/23262
Almarai
Almarai Company has acquired 100% of Premier Foods' shares. The total value of the acquisition deal amounted to SAR 108 million. It finalised on 27 May.
Find more details on Decypha: https://www.decypha.com/en/ma-details/20702
Etihad Airways
Etihad Airways has announced the acquisition of the shares held by Armaguard Linfox Group Pty (Australia) in Abu Dhabi-based joint venture Armaguard Valuables Management LLC, renaming it Etihad Secure Logistics Services LLC.
Find more details on Decypha: https://www.decypha.com/en/ma-details/23323
KAMCO
KAMCO Investment has signed an initial acquisition agreement for the entire shares of Global Investment House – Egypt, through two companies in Kuwait and the Dubai International Financial Centre (DIFC). This acquisition agreement is valued at EGP 1.38 million.
Find more details on Decypha: https://www.decypha.com/en/news/details/KAMCO-inks-EGP-1-4m-acquisition-deal-on-Global---Egypt-s-shares/20989594?TSID=,126346,&EDT=,1,15,68,&L=EN
Helios Investment
Helios Investment Partners and the Egyptian-American Enterprise Fund (EAEF) announced the acquisition of a 96.7% stake in Misr Hytech Seed International (Misr Hytech).
Find more details on Decypha: https://www.decypha.com/en/news/details/Helios-Investment,-EAEF-acquire-97--stake-in-Misr-Hytech/20989605?TSID=&EDT=,1,15,68,&L=EN
BP
UK’s BP Plc will sell its stake in the Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil. The value of the transaction has not been revealed yet.
Find more details on Decypha: https://www.decypha.com/en/news/details/UK-s-BP-to-sell-Egyptian-oil-assets-to-Dubai-s-Dragon-Oil/20989841?TSID=&EDT=,1,26,68,&L=EN
Investcorp
Investcorp has acquired 11 new properties with 2,615 units totaling $370 million (Dh1.4 billion).
Find more details on Decypha: https://www.decypha.com/en/news/details/Investcorp-acquires--370m-real-estate-assets-in-US/20991393?TSID=,10475,&EDT=,1,68,70,&L=EN
Shuaa Capital
Shuaa Capital will merge with its largest shareholder Abu Dhabi Financial Group.
Find more details on Decypha: https://www.decypha.com/en/news/details/Shuaa-Capital-nears-merger-with-Abu-Dhabi-s-ADFG/20991427?TSID=,10866,&EDT=,1,&L=EN
Hassan Allam
Hassan Allam Holding announced that its subsidiary, Hassan Allam Holding B.V, acquired a majority stake in the German water, wastewater treatment firm, Bioworks AG, for an undisclosed amount.
Find more details on Decypha: https://www.decypha.com/en/ma-details/23366
Dubai Islamic Bank
Dubai Islamic Bank's board has recommended during the bank’s general meeting to consider the full acquisition of Noor Bank’s shares.
Find more details on Decypha: https://www.decypha.com/en/news/details/DIB-considers-acquisition-of-Noor-Bank/20991225?TSID=,10827,&EDT=,1,11,20,30,&L=EN
