Friday 29 March 2024
 
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Cegelec

Qatari Diar buys French techno giant

Qatari Diar Real Estate Investment Company, wholly owned by the Qatar Investment Authority (QIA), has announced the acquisition of the French technology services provider Cegelec. A global leader in the technological services market for th

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Qatar Diar eyes $2.5bn loan for Cegelec buy

Qatar's property investment arm Qatari Diar is close to launching syndication of a 1.7-billion-euro ($2.5 billion) loan to finance the Gulf state's acquisition of French engineering company Cegelec, a magazine reported. Qatar Natio

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Qatari Diar eyes bid for Cegelec

Qatari Diar, a major real estate investment firm, plans to bid for Frence's Cegelec, an engineering and electrical engineering group. The company's lawyer Baker and McKenzie was quoted by AFP as saying that Qatari Diar was negotiating with

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Cegelec is now Quartzelec

Rugby-based Cegelec, which has been operating independently since it was acquired from its French parent company in December last year, has been renamed as Quartzelec Ltd. The new company, one of the largest independent electrical enginee

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