M&A Brief of the Week

Bank of Alexandria

The Bank of Alexandria said its Italian majority owner, the Intesa Sanpaolo banking group, has re-acquired shares previously owned by the International Finance Corporation (IFC), which it first sold to it in 2008.

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Abu Dhabi Ports

Abu Dhabi Ports has acquired MICCO Logistics in Abu Dhabi.

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Banque Saudi Fransi

Credit Agricole sold the final portion of its stake in Banque Saudi Fransi (BSF).

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Suez Cement

The board of Suez Cement decided to submit an offer to acquire up to 100% of the issued capital of Tourah Portland Cement Company for EGP 7.18 per share.

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Union Properties

The board of Union Properties has agreed on the offer proposed to acquire a 40% stake in Dubai Autodrome's share capital worth AED 400 million.

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Mubadala Investment Company

Mubadala Investment Company (Mubadala) has partnered with Silver Lake, a global technology investment firm, to develop a 25-year investment strategy.

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Decypha Contribution Time: 01-Oct-2020 09:25 (GMT)
Decypha Last Update Time: 01-Oct-2020 09:25 (GMT)