Saturday 12 July 2014
 
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Qatar cuts stake in London Stock Exchange group

Qatar Holding is set to slash its 15 per cent stake in the owner of the London Stock Exchange by a third, ahead of the British company's $1.6 billion rights issue to help it buy US indexes group Frank Russell, reported the Telegraph, citing

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Mitsubishi buys key stake in UAE water firm Metito

Japan's Mitsubishi Corp and Mitsubishi Heavy Industries have acquired a 38.4 per cent stake in water and wastewater project developer Metito Holdings for an undisclosed sum, the UAE-based firm said. In addition, the Japan Bank

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Mitsubishi buys key stake in UAE water firm Metito

Japan's Mitsubishi Corp and Mitsubishi Heavy Industries have acquired a 38.4 per cent stake in water and wastewater project developer Metito Holdings for an undisclosed sum, the UAE-based firm said. In addition, the Japan Bank

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Qatar Islamic ends Turkish bank stake sale talks

Qatar Islamic Bank (QIB) and Turkey's Bank Asya have ended exclusive talks over QIB acquiring a stake in the Turkish lender, four sources close to the matter told Reuters, with valuation concerns said to be behind the decision.

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Aramco unit buys $1.9bn stake in S Korean oil firm

Aramco Overseas Company (AOC), a unit of state-run oil giant Saudi Aramco, said on Wednesday it had agreed in principle to buy Hanjin Group's entire 28.4 per cent stake in South Korea's S-Oil Corp for about $1.95 billion.

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Private equities eye stake in Kuwait's Americana

Private-equity firms KKR & Co LP and TPG Capital are among the groups looking to buy a majority stake in food retailer Kuwait Food Co SAK, better known as Americana, Bloomberg reported, citing people familiar with the matter.

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Investcorp ends talks over Roberto Cavalli stake

Gulf investment firm Investcorp has ended talks to buy a majority stake in Italian fashion house Roberto Cavalli, several sources said, as it was unwilling to pay the 450-million-euro ($612 million) price tag. The 73-year-old desi

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Gazprom in talks to buy Abu Dhabi's OMV stake

Russia's Gazprom is in talks to buy Abu Dhabi's 24.9 percent stake in Austrian oil and gas firm OMV, a source familiar with the talks told Reuters on Thursday. "Talks were held but they have yet to decide on pricing,&

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Dubai Investments sells 66pc stake in pharma group

Dubai Investments (DI), a leading investment company, said it has sold 66 per cent equity stake in its pharmaceutical subsidiary Globalpharma Company to a group led by healthcare giant Sanofi. Globalpharma is a key manufacturer of

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Dubai Investments sells 66pc stake in pharma group

Dubai Investments (DI), a leading investment company, said it has sold 66 per cent equity stake in its pharmaceutical subsidiary Globalpharma Company to a group led by healthcare giant Sanofi. Globalpharma is a key manufacturer of

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