Monday 30 March 2015
 
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Qatari investors to buy 49pc Shandong Dongming Petchem stake for $5bn

Qatar's Qatra for Investment & Development (QID Group) and Hamad Bin Suhaim Enterprises have signed an initial deal to acquire 49 per cent of China's Shandong Dongming Petrochemical Group worth $5 billion, executives from the firms

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Borse Dubai sells stake in LSE

Borse Dubai has today sold its shareholding in London Stock Exchange Group (LSE), representing approximately 17.4 per cent of the share capital in the company. The sale was made through a block sale managed by BofA Merrill Lynch,

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Etihad may sell Aer Lingus stake if IAG deal gets nod

Chief executive of Etihad Airways has indicated that the Abu Dhabi-based airline would be willing to sell its stake in Aer Lingus Group, if the Irish government backs the offer made by International Airlines Group for the Dublin-based carrier, t

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Abu Dhabi IPIC 'not eyeing OMV stake'

Abu Dhabi's International Petroleum Investment Company (IPIC), which has a 64 per cent stake in plastics products maker Borealis, is not in talks to buy Austrian energy company OMV's 36 per cent stake, said a top official.

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Abu Dhabi IPIC 'not eyeing OMV stake'

Abu Dhabi's International Petroleum Investment Company (IPIC), which has a 64 per cent stake in plastics products maker Borealis, is not in talks to buy Austrian energy company OMV's 36 per cent stake, said a top official.

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Oger mulls South Africa telecom unit stake sale

Oger Telecom, 35-per cent owned by Saudi Telecom, is looking at the possibility of selling its majority stake in Cell C, South Africa's third-largest mobile telecoms network operator, said its chairman. Goldman Sachs has been

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Air France-KLM eyes $435m from catering unit sale

Air France-KLM will launch a sale of its catering unit Servair soon, seen worth up to around €400 million ($435 million), and has mandated BNP Paribas to manage the deal, sources familiar with the matter told Reuters. The Fra

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Fosun buys 5pc stake in Thomas Cook for $140m

Chinese conglomerate Fosun International said it bought a five per cent stake in British travel group Thomas Cook Group, deepening its foray into Europe's tourism sector after buying French holiday maker Club Med last month. F

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Eiffel Management buys DIB stake in Emirates REIT

Emirates REIT, a UAE-based real estate investment trust, has announced that Eiffel Management has today (March 1) acquired Dubai Islamic Bank’s (DIB) 25 per cent stake in Emirates REIT Management, the manager of Emirates REIT.

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Eiffel Management buys DIB stake in Emirates REIT

Emirates REIT, a UAE-based real estate investment trust, has announced that Eiffel Management has today (March 1) acquired Dubai Islamic Bank’s (DIB) 25 per cent stake in Emirates REIT Management, the manager of Emirates REIT.

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