Sunday 21 January 2018
 
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merger

Boeing, Embraer confirm merger talks

The Boeing Company and Brazilian aerospace conglomerate Embraer have confirmed that the two companies are engaged in discussions regarding a potential combination, the basis of which remains under discussion. There is no guarantee

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Takaful Emarat to acquire Al Hilal Bank unit

Takaful Emarat, a leading Sharia-compliant insurance firm, has agreed to acquire Al Hilal Takaful from Al Hilal Bank in an all cash transaction that will create the largest takaful group in the UAE based on 2016 gross written contributions.

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FAB share deals hit $3.6bn in 10 months

A total of Dh13.2 billion worth of purchase and sales transactions in shares of First Abu Dhabi Bank have been conducted since the merger of the National Bank of Abu Dhabi (NBAD) and First Gulf Bank in April to create one of the region's lar

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Mubadala's investments reach $2.6bn after Ipic merger

Mubadala Investment Company’s petroleum and petrochemicals investments amounted to $2.6 billion after a merger with the International Petroleum Investment Company (Ipic), materialised six months, ago, a report quoted a top official.

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Mubadala's investments reach $2.6bn after Ipic merger

Mubadala Investment Company’s petroleum and petrochemicals investments amounted to $2.6 billion after a merger with the International Petroleum Investment Company (Ipic), materialised six months, ago, a report quoted a top official.

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Saudi firm set for merger talks with Al Safi Danone

Saudi-based National Agricultural Development Company (Nadec) said it is set to start merger talks with leading dairy company Al Safi Danone (ASD) that will be executed through a share swap deal. ASD is a joint venture between Sau

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Saudi firm set for merger talks with Al Safi Danone

Saudi-based National Agricultural Development Company (Nadec) said it is set to start merger talks with leading dairy company Al Safi Danone (ASD) that will be executed through a share swap deal. ASD is a joint venture between Sau

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Saudi cement firms eye merger

Arabian Cement said it has entered into potential merger talks with Al Safwa Cement, a key Saudi-based firm owned by El Khayyat Group, Public Pension Authority (PPA) and General Organisation for Social Insurance (Gosi). The bigges

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Saudi cement firms eye merger

Arabian Cement said it has entered into potential merger talks with Al Safwa Cement, a key Saudi-based firm owned by El Khayyat Group, Public Pension Authority (PPA) and General Organisation for Social Insurance (Gosi). The bigges

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Siemens, Alstom merge to set up giant rail business

German industrial group Siemens and its French rival Alstom are joining forces to create a new “European champion in the rail industry” with a combined revenue of €15.3 billion ($17.7 billion).   The duo signe

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