Shareholders on Friday voted to approve the mergers of rival oilfield services firms Baker Hughes and Halliburton, bringing the proposed deal that still lacks regulatory approvals a step closer to finalisation.
National Bank of Bahrain (NBB) is on the lookout for sound merger and acquisition opportunities in Bahrain and the wider GCC region, it has emerged.
The bank's chairman Farouk Almoayyed said the bank had surplus capital and li
Bahrain Kuwait Insurance Company (BKIC) is open to mergers and acquisitions to expand its brand footprint across the GCC region, the company's chief executive has said.
Ebrahim Al Rayes told the Gulf Daily News (GDN),
The Italian unit of ArcelorMittal Distribution Solutions is planning to create a new joint venture with Italian service CLN (Coils Lamiere Nastri), said a report.
The European Commission’s directorate-general for com
Dubai's Emirates National Oil Company (Enoc) has hired a five-person team to work on mergers and acquisitions for the company as it seeks to expand beyond its home emirate, banking sources told Reuters on Sunday.
Omani Islamic lender Bank Nizwa hopes to complete a merger with United Finance Co this year as it aims for faster growth in the country's crowded banking sector, the bank's chief executive told Reuters.
The potential deal
Mazaya Qatar Real Estate Development has called off its merger plans with Mackeen Holding, a closed Qatari shareholding firm, said a report.
The Qatari firms had last February announced their proposed merger following talks and co
The United Arab Emirates government would favour a merger of the main Abu Dhabi and Dubai bourses, but the decision is up to the exchanges themselves, economy minister Sultan bin Saeed Al-Mansouri said on Wednesday.
He was speakin
IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks, said it has signed an agreement with Cat Auction Services, an alliance of Caterpillar, to merge the two companies.
Abu Dhabi state fund Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a $22 billion merger that will create Southeast A