M&A Brief of the Week

Mubadala Investment Company

Mubadala Investment Company has agreed on purchasing an approximately 1.16% stake in Jio Platforms, an Indian digital services company, at a total value of $752 million.

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Dar Al Takaful

Dar Al Takaful has signed an agreement worth AED 215 million to acquire the entire share capital of Noor Takaful General and Noor Takaful Family.

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Takween Advanced Industries Company

Takween Advanced Industries Company has signed a non-binding Memorandum of Understanding with China's Guofu for the sale of a 70% stake in Advanced Fabrics Factory Company, a 99% subsidiary of Takween.

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Emirates NBD

Bank of America Corporation has purchased a stake in Emirates NBD, at a total value of AED 900 million.

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Al Hilal Bank

Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank, has completed the sale of Al Hilal Takaful to Siraj Holding.

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Bupa Investments Overseas Limited

Bupa Investments Overseas Limited is planning to increase its shareholding in Bupa Arabia from 39.25% to 43.25%.

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Decypha Contribution Time: 11-Jun-2020 08:22 (GMT)
Decypha Last Update Time: 11-Jun-2020 08:22 (GMT)