M&A Brief of the Week

CI Capital Holding

CI Capital Holding completed the acquisition of stake in Sphinx B.V which owns Taaleem Management Services.

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Arab Dairy Products Co

Arab Dairy Products Co. (Panda) announced that Dutch FrieslandCampina International Holding has completed the due diligence process for the acquisition of the company.

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Al Gassim Investment Holding

Al Gassim Investment Holding Company (GACO) has extended a non-binding memorandum of understanding (MoU) for the acquisition of a stake in Advanced Bakeries Company.

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Six of October Development and Investment

Six of October Development and Investment (SODIC) denied reports about talks to acquire a 10% stake in Heliopolis Company for Housing and Development.

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Fawaz Abdulaziz Alhokair Company

Fawaz Abdulaziz Alhokair Company has approved the acquisition of 100% of the shares of Alittihad Almobtakar Ltd for a consideration of SAR 340 million.

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GFH Capital

GFH Capital, a subsidiary of GFH Financial Group, announced that it has acquired a Diversified Senior Healthcare Portfolio (“the Portfolio’) in partnership with Madison Marquette consisting of six income yielding Senior Healthcare Properties located in the U.S.

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Arcapita

Bahrain-based Arcapita has acquired US-based Icon, a signage and interior solutions provider, through its portfolio company MC Group.

Decypha Contribution Time: 26-Sep-2019 08:18 (GMT)
Decypha Last Update Time: 26-Sep-2019 08:18 (GMT)