Wednesday 16 April 2014
 
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Schneider Electric acquires AST Modular

Schneider Electric, a global specialist in energy management, has acquired Barcelona-based AST Modular, which offers a comprehensive portfolio of prefabricated data centre modules, services, manufacturing expertise and project engineering supp

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Dubai resort group acquires Maldives property

UAE-based Dutco Group of Companies, the owners of JA Resorts & Hotels, has acquired a high-end resort in the Maldives.   It is the first resort that the group has purchased and will operate outside Dubai, sai

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Warburg Pincus to acquire majority stake in mercator

Warburg Pincus, a global private equity firm focused on growth investing, has signed a deal with dnata, an air service provider, to acquire a majority stake in mercator.   Mercator is a Dubai-based provider of so

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Intertek buys UAE firm for $66m

Intertek Group, an inspection, product testing and certification company in London, has acquired International Inspection Services (Inspec), a UAE-based provider of inspection services, from Lamprell for $66 million, said a report.

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Oracle to acquire BlueKai

Oracle has signed a deal to acquire BlueKai, a leading cloud-based big data platform that enables companies to personalise online, offline and mobile marketing campaigns. The BlueKai solution includes its data management platform,

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Abraaj acquires majority stake in Turkish dairy

The Abraaj Group, a leading investor, has acquired through its fund a majority stake in Yörsan Group, a leading Turkish manufacturer and distributor of high quality dairy products. The acquisition was made in partnership with

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Taqa buys BP energy assets for $1.05bn

Abu Dhabi National Energy Company (Taqa) said it has completed the acquisition of UK North Sea oil and gas assets from BP which will help add 20,000 barrels of oil equivalent per day (boed) to its present output. The assets were a

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Rosneft acquires TNK-BP in $55bn deal

Russian state oil company Rosneft closed a historic deal to buy TNK-BP from UK-based BP and four tycoons, releasing $40 billion cash to the sellers and becoming a bigger oil producer than Exxon Mobil, the world’s No.1 investor-owned compan

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Batelco to acquire CWC units in $1bn deal

Batelco Group, the regional telecommunications operator with operations across six countries, has announced plans to acquire some units of British multinational telecommunications company Cable & Wireless Communications (CWC), including its

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Hertz near $2.5bn deal to buy Dollar Thrifty

Hertz Global Holdings is nearing an agreement to acquire Dollar Thrifty Automotive Group for around $2.5 billion, sources familiar with the matter said, potentially ending years of an on-again-off-again takeover battle involving the US rental ca

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