Friday 27 March 2015
 
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Sale

Aldar in Abu Dhabi land sale success

Aldar Properties, a leading developer based in Abu Dhabi, UAE, said it has successfully completed the sale in just one week of all 281 land plots at Al Merief, a master-planned residential community for UAE nationals located in the fast gro

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HDPE products sale to grow 4.3pc to reach $85bn

The sale of high-density polyethylene (HDPE)-based range of products including milk bottles, water pipes and films, is set to grow 4.2 per cent per annum to reach $85.8 billion by 2022, according to a recent research. Leading mark

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Saudi prince's posh NY apartment put up for sale

A luxurious 10,500-sq-ft New York apartment owned by a Saudi prince which is furnished with bullet-proof panic rooms and a sushi island bar, has been put on the market for $48.5 million down from the $75 million price it was listed for in 2012,

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Motorola exploring possible sale

Walkie-talkie and radio systems maker Motorola Solutions is looking into a possible sale, Bloomberg reported, citing people familiar with the matter. Potential buyers could include private-equity firms and defense contractors incl

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Saudi supermarket chain Al Raya put up for sale

A controlling stake in Saudi Arabian supermarket chain Al Raya for Foodstuff Company has been put up for sale by its private equity owners Levant Capital and The Rohatyn Group (TRG), sources aware of the matter told Reuters on Wednesday.

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Al Jaber confirms CEO exit, silent on heavy lift sale

Abu Dhabi-based Al Jaber Group confirmed its chief executive, David Nelson, had left the group, although it declined to comment on sources telling Reuters the conglomerate had also scrapped plans to sell its heavy lift unit. The g

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SALE International backs SME growth, Omanisation

SALE International Oman, a leading telecom distributor in the Sultanate, continues to promote the growth of small and medium enterprises (SME) while maintaining 70 per cent Omanisation. The company, which was recently appointed as

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Technip sells diving assets in Gulf of Mexico

Technip, a leader in project management, engineering and construction for the energy industry, has completed the sale of its diving assets in the US Gulf of Mexico to Ranger Offshore. The sale reinforces Technip’s strategy t

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P&G mulls sale of $7bn Wella hair care unit

Procter & Gamble is working with Goldman Sachs to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world's largest consumer products company str

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Top sightseeing firm hires JPMorgan for sale

One of the world's largest operators of open-top sightseeing tours, Big Bus Tours, has hired JPMorgan to find a buyer in a deal that could value the travel firm at close to £500 million ($810 million), sources familiar with the situati

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