M&A Brief of the Week

TPAY MOBILE

TPAY MOBILE announced that it has fully acquired Payguru, one of the region's leading payment service providers.

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DP World

DP World has acquired a 51% stake in the TIS Container Terminal in Ukraine's Yuzhny Port.

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Speed Medical Company

Speed Medical Company announced that it decided to acquire City Lab with all its medical laboratories in the local market.

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Al Babtain Power and Telecommunication Company

Al Babtain Power and Telecommunication Company announced completing the legal procedures for selling a 49% stake in Al Babtain France to Portugal’s Metalogalva, at a total value of $3.4 million.

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Global Holding Group

Global Holding Group has raised its stake in CI Capital Holding For Financial Investments from 9.975% to 10.05%.

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Aramco

Saudi Aramco announced that it has completed the acquisition of a 70% stake in the Saudi Basic Industries Corporation (SABIC) from Saudi Arabia’s sovereign wealth fund.

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Abu Dhabi Investment Authority

The Abu Dhabi Investment Authority (ADIA), has increased its stake in Cellnex, a Spanish mobile phone tower operator, to 6.97%.

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Egypt Kuwait Holding

Egypt Kuwait Holding purchased a 9.98% stake in Mohandes Insurance.

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Decypha Contribution Time: 21-Jun-2020 07:12 (GMT)
Decypha Last Update Time: 21-Jun-2020 07:12 (GMT)