M&A Brief of the Week

Alawwal Bank

Alawwal Bank formally merged with Saudi British Bank (Sabb).

Find more details on Decypha

 

SAJ Investment

SAJ Investment Company announced its acquisition of a controlling stake in HEMA Energy Group.

Find more details on Decypha

 

Jazan Energy

Jazan Energy and Development Company (Jazadco) has signed a memorandum of understanding (MoU) with Jabal Ohod Holding to study the acquisition of the company.

Find more details on Decypha

 

MKM Commercial Holdings

MKM Commercial Holdings has acquired Raycom Engineering Systems.

Find more details on Decypha

 

Emirates Integrated Telecommunications Co (DU)

Mamoura Diversified Global Holding and General Investments FZE sold a total of 463.26 million shares in Emirates Integrated Telecommunications Company (DU) to the Emirates Investment Authority (EIA).

Find more details on Decypha

 

Abu Dhabi National Oil Company (ADNOC)

Abu Dhabi National Oil Company (ADNOC) and Dutch OCI are in talks to merge their Middle Eastern fertiliser businesses.

Find more details on Decypha

 

Egyptian Media Production City Co

Egyptian Media Production City Co’s board of directors approved initiating negotiations to acquire stakes of four companies in Arabian Hospitality Company.

Find more details on Decypha

 

Arab Dairy Products Co

Arab Dairy Products Co. (Panda) announced that Dutch Friesland Campina International Holding has submitted a request for the acquisition of the entire shares of the Egyptian company.

Find more details on Decypha

 

ElSewedy Electric Company

ElSewedy Electric Company announced entering into a share purchase agreement with R.F. Energy S.A, which is a subsidiary of F.G Europe S.A., to acquire the whole stake of the share capital of four companies in Greece for a total consideration of €55 million.

Find more details on Decypha

 

Managem

Managem has completed the acquisition of Tri-K gold project in Guinea after the acquiring the remaining 30% stake in the JV from its partner Avocet Mining.

Find more details on Decypha

 

Heliopolis Company for Housing and Development

Heliopolis Company for Housing and Development will offer a 22% stake of its shares on the Egyptian Exchange, half of which will be sold to the investor. The plan still needs the approval of the company’s general assembly.

Find more details on Decypha

Decypha Contribution Time: 23-Jun-2019 12:13 (GMT)
Decypha Last Update Time: 23-Jun-2019 12:13 (GMT)