Saudi Arabia’s bank merger between NCB and Samba to consolidate asset management
The mega bank merger between National Commercial Bank and Samba Financial Group currently underway is expected to boost the asset…
Mergers & Acquisitions
1364 articles found
Bank Audi sal and FAB sign definitive agreement for the sale and purchase of 100% of Bank Audi sae (Egypt)’s share capital
Transaction expected to be completed within the next few months, subject to regulatory approvals FAB’s first international acquisition in line…
Investcorp to buy US-based e-commerce solutions provider Unilog
Bahrain-based Investcorp is set to acquire Unilog, a Software as a Service (SaaS) e-commerce solutions provider for small and medium…
Bank ABC enters agreement to acquire Blom Bank Egypt
Arab Banking Corporation has announce that it has entered into an agreement with Blom Bank S.A.L. on Friday 15 January…
Bank ABC acquires Blom Bank Egypt for $480 million – sources
Bahrain’s Bank ABC completed its purchase of the Egyptian subsidiary of Lebanon’s Blom Bank for $480 million on Thursday, two…
Citi Unifies Global Wealth Management Business
Citi has announced that it has created a single wealth management organization, Citi Global Wealth, unifying wealth management teams in…
First Lebanese banking merger since 2019 agreed as capital pressures rise
The Lebanese banking sector has witnessed its first merger since the financial crisis hit the country in 2019, as banks…
Investcorp Portfolio Company Calligo Acquires UK MSP Network Integrity Systems
Investcorp has announced that its portfolio company, Calligo Holdings Limited has acquired Network Integrity Services, a UK-based IT managed services…
Qatari banks Masraf Al Rayan and Al Khaliji set for merger
Leading Qatari banks Masraf Al Rayan and Al Khaliji have entered into a merger agreement to create one of the…
Ashurst advises on SAR 2 billion (USD 540 million) acquisition finance for the privatisation of Saudi Arabia's First Milling Company
Global law firm Ashurst has advised on the SAR 2 billion (USD 540 million) Shariah compliant financing provided by Alinma…
Bank deal creates second-largest lender in Qatar
Qatar’s Masraf Al Rayan and Al Khalij Commercial Bank have agreed to join forces in a deal that will create…
Clifford Chance advises Aldar Properties
The leading UAE listed property developer purchased a 100% stake in Saadiyat District Cooling LLC and an 85% stake in…