Tuesday 19 June 2018
 
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Dnata buys majority stake in Dubai baggage services company

Dnata, one of the world's largest air services providers, has announced the acquisition of a majority stake in logistics company Dubz and has subsequently launched a new baggage collection service. According to a statement rel

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Dnata buys majority stake in Dubai baggage services company

Dnata, one of the world's largest air services providers, has announced the acquisition of a majority stake in logistics company Dubz and has subsequently launched a new baggage collection service. According to a statement rel

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Minor acquires additional 25pc stake in NH Hotel Group

Minor International has reached an agreement with HNA Group to purchase an equity stake of 25.2 per cent in NH Hotel Group in a two-tranche transaction valued at €619 million ($727.7 million). The purchase follows Minor&rsquo

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EIBank plays key role in Country Hill stake sale

Emirates Investment Bank (EIBank) said it had played a key advisory role in the sale of a controlling stake in Country Hill International (CHI), a leading premium meat company in the UAE, to the Gulf Japan Food Fund, which is partly owned by Miz

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EIBank plays key role in Country Hill stake sale

Emirates Investment Bank (EIBank) said it had played a key advisory role in the sale of a controlling stake in Country Hill International (CHI), a leading premium meat company in the UAE, to the Gulf Japan Food Fund, which is partly owned by Miz

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Minor buys stake in Spanish hotel group for $226m

Minor International has reached an agreement to acquire 30,000,000 shares in NH Hotel Group for  €192 million ($226.3 million). The new acquisition, together with existing shareholding, will increase Minor's stake in NH Ho

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Emirates NBD to buy majority stake in Turkey bank

UAE-based Emirates NBD, a leading bank in the region, and Sberbank of Russia have entered into an agreement whereby Sberbank will sell its entire 99.85 per cent stake in Turkey-based private bank Denizbank to Emirates NBD. Upon cl

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Al Islami Foods sells minority stake to Mitsubishi

Shareholders Al Islami Foods, part of the Dubai Cooperative Society and a leading manufacturer of halal food products in the Middle East, have sold a minority stake in the company to Mitsubishi Corporation, the Japan-based globally integrated

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Mubadala, MIP to sell 50pc stake in Abu Dhabi Terminals

Mubadala Investment Company, the UAE-based strategic investment company, said it has reached an agreement with Mubadala Infrastructure Partners (MIP), an emerging markets infrastructure fund manager, to sell their combined equity interest of 50

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French group acquires major stake in Jordan's AIG

International airport operator Groupe Aéroports de Paris (ADP) has completed the acquisition of a controlling 51 per cent stake in Airport International Group (AIG), operator of Queen Alia International Airport in Amman, Jordan.

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