M&A Brief of the Week

Kamco Investment Company

Kamco Investment Company announced that its shareholders have approved all matters related to a draft merger contract between the company and Global Investment House.

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Kuwait Finance House

Kuwait Finance House (KFH) has offered to buy Ahli United Bank (AUB Bahrain) at about $8.8 billion.

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Kingdom Holding Company

Kingdom Holding Company has increased its stake in flynas to 37%.

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Ebtikar Company

MM Group for Industry and International Trade announced that its subsidiary Ebtikar for Finance Investment has acquired an additional stake of 9.1% in Masary Smart Payment Services.

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Aramco

Aramco has completed the acquisition of Shell’s 50% stake in their Saudi Aramco Shell Refinery Co (SASREF), affiliated to Shell Saudi Arabia Limited.

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Etisalat

Emirates Telecommunications Group Company (Etisalat) has acquired 100% of cybersecurity company Help AG.

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Investcorp

Investcorp announced that it has concluded an agreement to acquire Ticket Holding (Vivaticket).

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Decypha Contribution Time: 19-Sep-2019 09:25 (GMT)
Decypha Last Update Time: 19-Sep-2019 09:25 (GMT)