Egyptian investment bank acquires 100% of Nigeria’s Primera Africa
EFG Hermes, a leading financial services corporation in frontier and emerging markets (FEM), has entered into a definitive sale and…
Mergers & Acquisitions
1364 articles found
AXA acquires Islamic reinsurer Emirates Re
AXA Group's specialist run-off acquirer and manager has acquired a majority stake in Emirates Re. Emirates Re, an Islamic…
KFH, Bahrain's Ahli United Bank mull possible merger
Kuwait Finance House has invited Bahrain's Ahli United Bank to sign a Memorandum of Understanding and Non-Disclosure Agreement to pursue…
Kuwait Bank Seeks Talks to Create Islamic Lender With $92 Billion in Assets
Kuwait Finance House KSCP wants to hold renewed talks with Bahrain’s Ahli United Bank BSC about a takeover, a potential…
Abraaj liquidator said to prefer Cerberus bid over rival Colony
Abraaj Group’s provisional liquidator prefers a lower offer from Cerberus Capital Management for assets of the embattled Dubai-based private equity…
First Abu Dhabi Bank sells Jordan business to Société Générale
The UAE's biggest lender First Abu Dhabi Bank (FAB) has signed an agreement with French bank Société Générale's Jordan unit,…
HSBC, Credit Suisse to advise on Kuwait's KFH, Bahrain's AUB merger talks
HSBC and Credit Suisse have been selected to advise on a possible merger between Ahli United Bank (AUB) and Kuwait…
Portugal’s Novo Banco completes sale of controlling stake in Cabo Verde bank
Portuguese bank Novo Banco has completed the process of selling a 90% stake in Banco Internacional de Cabo Verde to…
Middle East mergers gain momentum through privatisation and regulatory reforms
The activity of mergers and acquisitions deals in the Middle East and North Africa (MENA) has witnessed a pick-up in…
Abu Dhabi's Eshraq Properties drops merger plans with Reem Investments
Eshraq Properties has dropped plans to merge with fellow Abu Dhabi developer Reem Investments, after the two companies could not…
Barwa Bank and International Bank of Qatar in advanced merger talks
Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way…
Talks over three-way Qatari bank merger collapse
Talks to merge three Qatari banks have ended after they were unable to reach an agreement, the lenders said in…