Friday 29 March 2024
 
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Minor buys stake in Spanish hotel group for $226m

Minor International has reached an agreement to acquire 30,000,000 shares in NH Hotel Group for  €192 million ($226.3 million). The new acquisition, together with existing shareholding, will increase Minor's stake in NH Ho

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AccorHotels buys Mövenpick Hotels for $566m

Hospitality giant AccorHotels has agreed buy Swiss hotel chain Mövenpick Hotels for CHF560 million ($566.4 million). The transaction is subject to regulatory approvals and is expected to be completed in the second half of 201

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Qatar Airways to buy 50 Airbus planes

Qatar Airways, the flat carrier of Qatar,  has unveiled plans to buy 50 Airbus 321 planes, a report said. The news was revealed during a state visit by French President Emmanuel Macron, said a report in Money Control

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Ryanair eyes majority stake in Alitalia

Ryanair has reiterated its interest in buying the trouble-ridden Italian carrier Alitalia but only if the company is restructured and if the Irish airline gets possession of a major stake, said a report. Speaking to Italian media

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Abraaj may buy Middlesex University's Dubai campus

Emerging markets-focused private equity firm Abraaj Group is in discussions to acquire Middlesex University's overseas campus in Dubai, in a deal that could be worth around $55 million to $70 million, sources familiar with the matter said on

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Abraaj may buy Middlesex University's Dubai campus

Emerging markets-focused private equity firm Abraaj Group is in discussions to acquire Middlesex University's overseas campus in Dubai, in a deal that could be worth around $55 million to $70 million, sources familiar with the matter said on

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Daetwyler agrees $1bn deal to buy Premier Farnell

Daetwyler Holding said on Tuesday it has agreed to buy Premier Farnell in an all-cash offer that valued the British electronic component distributor at just over 1 billion Swiss francs ($1.04 billion). Altdorf, Switzerland-based D

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Bin Faqeeh buys four Durrat Marina plots

Durrat Marina, developer of a mixed-use marina development in the south of Bahrain, has signed a land sale and development agreement with Bin Faqeeh Real Estate Investment Company, to buy four plots adding up to more than 15,000 sq m, sai

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Lufthansa sees Iran Air as possible buyer of old A340s

Iran Air could be a buyer of some A340 planes that Lufthansa no longer needs, the chief executive of the German airline said on Thursday. Lufthansa has signed a memorandum of understanding with Iran Air that comprises cooperation

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Alibaba to buy Hong Kong’s South China Morning Post

Chinese e-commerce giant Alibaba Group Holding has agreed to buy the Hong Kong's flagship English-language newspaper, the South China Morning Post, the company and SCMP Group announced on Friday.   The agreem

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