M&A Brief of the Week

Investcorp Technology Partners

Investcorp Technology Partners has completed the acquisition of all of the business and assets of MIR Limited, which operates payments platform and e-wallet solutions.

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Emaar Properties

Emaar Properties and Emaar Malls received the Securities and Commodities Authority’s approval for the potential merger.

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Zain KSA

Mobile Telecommunications Company Saudi Arabia’s (Zain KSA) board has approved the non-binding offers received to acquire 80% equity in the telecom firm’s towers infrastructure.

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Gulf Insurance Group

Gulf Insurance Group has completed the acquisition of AXA’s operations in the Gulf region in exchange for $474.75 million after obtaining the necessary regulatory approvals.

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Eltizam Asset Management Group

Eltizam Asset Management Group, a subsidiary of International Holdings Company (IHC), has acquired Inspire Integrated in exchange for AED 37 million.

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National Printing Company

The Financial Regulatory Authority (FRA) announced that the National Printing Company has raised its bid to acquire 100% of Modern Shorouk Printing and Packaging.

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Aramex

Aramex is holding advanced talks to acquire Turkish delivery company MNG Kargo in a deal that could be worth $500 million.

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Decypha Contribution Time: 09-Sep-2021 13:11 (GMT)
Decypha Last Update Time: 09-Sep-2021 13:11 (GMT)