M&A Brief of the Week

Sustainable Capital Africa Alpha Fund

Sustainable Capital Africa Alpha Fund raised its stake in Orascom Construction Plc, to 7.61%.The fund purchased 1.219 million shares worth $7.318 million at $6 per share.

Find more details on Decypha              

 

Public Investment Fund

Sanabil Investments, a subsidiary of Saudi Arabia’s Public Investment Fund, has acquired 49% stake in consulting firm Richard Attias& Associates (RAA).

Find more details on Decypha

 

Kuwait Finance House

Kuwait Finance House (KFH) has received the approval of the Central Bank of Kuwait concerning the full acquisition of Ahli United Bank – Bahrain.

Find more details on Decypha

 

Ataa Educational Co

Ataa Educational Co announced it has signed a non-binding memorandum of understanding with Abdullah bin AbdulrahmanAlhamdan& Sons Company to acquire Al Enayah Schools in Riyadh.

Find more details on Decypha

 

Ebtikar for Financial Investment

MM Group for Industry and International Trade announced that Ebtikar for Financial Investment has acquired an additional stake of 4.83% in Masary, for EGP 21.4 million.

Find more details on Decypha

 

Omani Society for Education Technology

Omani Society for Education Technology (OSET) has officially acquired Dubai-based online Arabic courses marketplace Nadrus.com for an undisclosed amount.

Find more details on Decypha

Decypha Contribution Time: 10-Oct-2019 10:23 (GMT)
Decypha Last Update Time: 10-Oct-2019 10:23 (GMT)