M&A Brief of the Week

Rasmala Investment Bank

Rasmala Investment Bank has acquired one of the world’s largest performance coatings research and development facilities in the US for $61 million through its North American real estate income fund.

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Qatar Petroleum Company

Qatar Petroleum Company announced that it has signed a binding agreement to acquire Yara’s 25% stake in Qatar Fertilizer Company.

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Pioneers Holding Company

The board of directors of Pioneers Holding Company for Financial Investment decided to proceed with raising its shareholding in five of its subsidiaries to 90% through stock swap transactions.

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Dar Al Thuraya Real Estate Company

Dar Al Thuraya Real Estate Company announced that Al Madar Finance and Investment Company has expressed interest to buy an additional stake of 3.17% in its capital.  

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Madinet Nasr Housing and Development

The board of directors of Madinet Nasr Housing and Development approved a request from an investor to conduct due diligence process on its subsidiary El Nasr for Utilities and Installation Company.

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Decypha Contribution Time: 15-Mar-2020 08:12 (GMT)
Decypha Last Update Time: 15-Mar-2020 08:12 (GMT)