M&A Brief of the Week

Oula Fuel Marketing

Oula Fuel Marketing has approved a proposal for the acquisition of ProntoWash Company.

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Abu Dhabi Investment Authority

Abu Dhabi Investment Authority (Adia) acquires a 30 % stake in Britain’s Domestic & General from private equity investor CVC Capital Partners.

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Alujain Corporation

Alujain Corp signed a non-binding memorandum of understanding to acquire National Fertilizers Company (Mobi).

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GEMS Education

A CVC-led consortium has agreed to buy a 30 % stake in Dubai-based GEMS Education.

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Emirates Global Aluminium

Emirates Global Aluminium(EGA) has announcedinterest in acquiring Bosnia’s AluminijMostar.

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Markab Capital

Markab Capital WLL has announced acquisition of a controlling stake in Uniply Industries Ltd.

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Qurain Petrochemical Industries

Qurain Petrochemical Industries has announced acquisition of a 60 % stake in Jassim Transport and Stevedoring for a total consideration of KD 42 Million.

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Orascom Development

Orascom Development Egypt has sold its 51% equity stake in the 27-cabin Nile cruise floating boat, Oberoi Zahra to a private Egyptian investor for value of $4 million.

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Cleopatra Hospital Company

Cleopatra Hospitals Group (CHG) confirmed that it has no knowledge of an impending management takeover of the company’s majority shareholder Creed Healthcare and its subsidiary, Care Healthcare, by private equity fund Actis.

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Decypha Contribution Time: 11-Jul-2019 11:58 (GMT)
Decypha Last Update Time: 11-Jul-2019 11:59 (GMT)