M&A Brief of the Week

Americana Group

The Egyptian Company for International Touristic Projects  (Americana Group) and Cairo Poultry announced the completion of sale of the Egyptian Starch and Glucose to Cairo Three A for International Industries.

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Saudi Aramco

The Saudi Arabian Oil Company (Saudi Aramco) is planning to complete the acquisition of a 70% stake in the Saudi Basic Industries Corporation (SABIC) during the second quarter (Q2) of 2020.

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NMC Healthcare

NMC Healthcare's administrators have started to sell the health group's assets in the Middle East to raise funds and pay back creditors.

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Orascom Construction

Sustainable Capital Africa Alpha Fund has raised its stake in Orascom Construction PLC, listed on Nasdaq Dubai and the Egyptian Exchange, to 9.76%.

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Dallah Healthcare Company

Dallah Healthcare Company has signed a share swap agreement with Kingdom Investment and Development Company a subsidiary of Kingdom Holding Company. The deal involves acquiring a 54.56% stake in Care Shield Holding Company

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Decypha Contribution Time: 17-May-2020 10:53 (GMT)
Decypha Last Update Time: 17-May-2020 10:53 (GMT)