M&A Brief of the Week

Maple Invest Co

Maple Invest Co. Limited announced that it is exploring the potential acquisition of 100% of the issued and paid-up capital of DAMAC Properties Dubai.

Find more details on Decypha

 

Americana Egypt

The Egyptian FRA approved a request to publish the mandatory tender offer submitted by Americana Group, a subsidiary of Adeptio, to acquire the remaining minority interest in the Egyptian Company for International Touristic Projects (Americana Egypt).

Find more details on Decypha

 

Saudi Telecom Company

The Saudi Telecom Company (STC) said that it will need an additional two months to complete a deal to purchase a 55% stake in Vodafone Egypt.

Find more details on Decypha

 

Al Mal Investment

Al Mal Investment announced that its 40.25%-owned subsidiary Diyar Al Kuwait Real Estate Co acquired a 50.82% stake in Egypt’s MSG Developments.

Find more details on Decypha

 

Qatar Airways

Qatar Airways desires to acquire shares in Tunisian Airlines, as part of the expansion project of Qatar Airways at the international level.

 

The Arab African International Bank

The Arab African International Bank (AAIB) has acquired a 12.25% stake in Palm Hills Developments (PHD). The transaction involved the purchase of 381.9 million shares for EGP 544.2 million at an average price of EGP 1.43 per share.

Decypha Contribution Time: 16-Jul-2020 08:55 (GMT)
Decypha Last Update Time: 16-Jul-2020 08:55 (GMT)