M&A Brief of the Week

Gulf Capital

Gulf Capital has acquired two healthcare technology companies in the US in exchange for $60 million.

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Oriental Weavers Carpet

Oriental Weavers Carpet announced that its 99%-owned subsidiary Oriental Weavers International acquired 1.41% of the Egyptian Propylene and Polypropylene Company (EPP) for a total value of $7.8 million.

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Arab Investment Bank

The Egyptian Financial Group Hermes Holding (EFG Hermes) responded about the acquisition of 76% of the Arab Investment Bank (aiBANK) by EFG Hermes and The Sovereign Fund of Egypt (TSFE), the final value of the deal hasn’t not been determined yet.

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Mubadala Investment Company

Sublime Commercial Investment, Alpha Dhabi Holding subsidiary, has acquired a 12.21% stake in Aldar Properties from Mubadala Investment Company (Mubadala).

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ADQ

The Abu Dhabi-based holding company, ADQ, has signed a definitive agreement to acquire Egypt's Amoun Pharmaceutical Company (Amoun) from Bausch Health Companies (Bausch Health).

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Decypha Contribution Time: 01-Apr-2021 10:23 (GMT)
Decypha Last Update Time: 01-Apr-2021 10:23 (GMT)