Friday 29 July 2016
 
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acquisition

Adeptio mulls $1.65bn loan to fund Americana acquisition

Gulf-based Adeptio is in advanced talks with banks to secure a $1.65 billion bridge loan to fund its purchase of a majority stake in Kuwait Food Company (Americana), banking sources told Reuters on Wednesday. Discussions with the

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KBW Investments buys out UAE fit-out firm

Dubai-based KBW Investments today announced the signing of a majority acquisition, adding a new facet to the group’s existing portfolio of turnkey project solutions. The acquisition agreement was signed by KBW Investments fo

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Al Mal plays key role in Emaar unit acquisition deal

Al Mal Capital, a subsidiary of Dubai Investments, said it played a major role in helping Emaar Industries & Investments (EII) acquire a significant stake in UAE-based construction firm Leaders Fort Contracting (LFC). Al Mal C

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Fajr Capital completes acquisition of Cravia Group

Fajr Capital, a leading private equity investor in high-growth markets across the Middle East and Asia, has announced the completion of its acquisition of Cravia Group, one of the fastest-growing food and beverage platforms in the Middle East.

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Sabic seeks fertiliser, chemical acquisitions

Saudi Basic Industries Corp (Sabic) is seeking acquisitions to strengthen its fertiliser business and could announce purchases in the chemicals and polymers sectors by the end of the third quarter, its acting chief executive told Reuters on Tues

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Sabic seeks fertiliser, chemical acquisitions

Saudi Basic Industries Corp (Sabic) is seeking acquisitions to strengthen its fertiliser business and could announce purchases in the chemicals and polymers sectors by the end of the third quarter, its acting chief executive told Reuters on Tues

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Bahraini banks acquire key US real estate portfolio

A consortium of Bahrain-based lenders Venture Capital Bank (VC Bank) and Seera Investment Bank has acquired a major real estate portfolio consisting of two multifamily residential assets in Atlanta (US) comprising 866 units.  

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Siemon inks UK gigaduct fibre unit deal

Siemon, a leading global network infrastructure specialist, has announced its acquisition of the Gigaduct fibre containment system from UK-based Gigacom. Under this definitive agreement, Siemon will acquire all existing Gigduct as

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Siemon inks UK gigaduct fibre unit deal

Siemon, a leading global network infrastructure specialist, has announced its acquisition of the Gigaduct fibre containment system from UK-based Gigacom. Under this definitive agreement, Siemon will acquire all existing Gigduct as

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Chemical M&A deal values rise 30pc to $110bn

Global chemical mergers and acquisitions deal values rose 30 per cent last year to $110 billion, a fourth straight annual increase, laying the ground for an all-time record spike this year, according to a report.  

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