Wednesday 31 August 2016
 
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Qatar Airways lifts stake in BA-owner IAG to 20pc

Qatar Airways lifted its stake in British Airways-owner IAG by about 4.34 per cent to 20 per cent but said on Monday that was its limit, buying shares worth about GBP375 million ($496.61 million) on what it called an attractive buying opportunit

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Mubadala to buy 20pc stake in Investcorp

Bahrain-based Investcorp, a global leader in alternative investment products, and Abu Dhabi’s Mubadala Development have agreed for Mubadala to acquire a 20 per cent interest in the company. The two-step transaction sees Muba

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Mubadala to buy 20pc stake in Investcorp

Bahrain-based Investcorp, a global leader in alternative investment products, and Abu Dhabi’s Mubadala Development have agreed for Mubadala to acquire a 20 per cent interest in the company. The two-step transaction sees Muba

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Mubadala sells 80pc stake in SR Technics

Abu Dhabi investment and development company Mubadala has agreed to sell an 80 per cent stake in SR Technics, a leading maintenance, repair and overhaul (MRO) service provider, to HNA Aviation, a global enterprise group based in Haikou, China.

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Mubadala sells 80pc stake in SR Technics

Abu Dhabi investment and development company Mubadala has agreed to sell an 80 per cent stake in SR Technics, a leading maintenance, repair and overhaul (MRO) service provider, to HNA Aviation, a global enterprise group based in Haikou, China.

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KHC acquires 5.8pc stake in AccorHotels

Kingdom Holding Company (KHC), chaired by Saudi billionaire Prince Alwaleed, has acquired a 5.8 per cent share in AccorHotels following the completion of a $3.2 billion deal with a representative from the hotel group's board of directors.

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Sahara sells 3 hotel stakes to Qatar Investment for $1.6bn

Qatar Investment Authority has agreed to buy Indian diversified group Sahara's stake in three overseas hotels for a whopping $1.6 billion, said a report. According to a report on CNBC-TV18, the agreement to buy stakes in Grosv

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Qatar Air mulls raising stake in BA owner

Qatar Airways is considering further increasing its stake in British Airways owner  IAG SA after the UK-based company lost a third of its market value in the fallout from the country’s vote to leave the European Union, said a report c

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Morocco sells 40pc stake in port operator in IPO

The Moroccan government raised 1.94 billion dirhams ($197 million) by selling a 40 per cent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday. Marsa

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Midea Group to buy key stake in Italian AC firm

Midea Group Company, China’s biggest appliance manufacturer, signed an agreement to buy an 80 per cent stake in Clivet SpA, an Italian maker of air conditioners. The deal is expected to be completed by the end of the year, p

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