Aston Martin Owner to Sell Bahrain Bank Stake on Debt Revamp
Investment Dar accepted an offer from National Bank of Bahrain and a state-run Social Insurance Organization Asset Management Co. to…
Mergers & Acquisitions
1364 articles found
Ithmaar completes First Leasing merger, increases capital to US$758million
Ithmaar Bank has announced that it had merged with one of its Bahrain-based associates, First Leasing Bank. The announcement follows…
Standard Chartered Names Head of Mideast M&A
Standard Chartered announced the appointment of Tom Emmet as head of mergers and acquisitions (M&A) for the Middle East and…
Aviva mandates Barclays to sell Turkish unit
FTSE 100 insurer Aviva is selling its listed Turkish business, Aviva Sigorta, which trades on the Istanbul Stock Exchange with…
Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels
The Abu Dhabi Investment Authority is close to buying 42 hotels managed by Marriott International Inc. and controlled by the…
S&P report sees Gulf banks replacing European banks as major acquirers in Middle East And North Africa
Banks in the oil-rich countries of the Gulf Cooperation Council are becoming active buyers again of stakes in banks in the…
Cobbetts' Saudi alliance firm in the dark over deal's future
Cobbetts’ Saudi Arabian alliance partner has been left in limbo following the Manchester firm’s decision to file notice to appoint…
Mizuho International Expands London Based M&A Business
Mizuho International has announced the appointment of Antony Slotboom as Head of Central and Eastern Europe, Middle East and Africa as…
Bahrain's GFH eyes banking unit merger
Bahrain-based Gulf Finance House has said it is studying options to merge its affiliate, Khaleeji Commercial Bank (KCB), with other…
GFH mulls KHCB merger with kingdom's banks
Further bank mergers in Bahrain could be on the way this year with Gulf Finance House confirming it is studying…
Abu Dhabi’s Aldar to Buy Sorouh in $1.5 Billion Deal
Aldar Properties PJSC agreed to buy Sorouh Real Estate PJSC in a 5.5 billion-dirham ($1.5 billion) deal that would create…
UAE’s Amlak in bank talks for $2bn restructure plan
Struggling UAE Islamic mortgage lender, 45 percent owned by Dubai’s Emaar Properties, is in talks to restructure around $2bn worth…