Alawwal and Saudi British Bank merger pricing credit positive
According to credit ratings agency Moody’s both banks’ boards are expected to reach a final agreement, pending completion of due…
Mergers & Acquisitions
1364 articles found
Emirates NBD to buy majority stake in Turkey bank
UAE-based Emirates NBD, a leading bank in the region, and Sberbank of Russia have entered into an agreement whereby Sberbank…
HSBC to Cement Lead in Saudi Arabia With $5 Billion Bank Merger
HSBC Holdings Plc is set to reaffirm its position in Saudi Arabia with the takeover of Royal Bank of Scotland…
SAAB And Alawwal Bank’s Merger To Create Third-Largest Listed Bank In Saudi Arabia
After a year of talks, Saudi British Bank and Alawwal Bank have reached a preliminary, non-binding agreement to merge through…
Gulf Capital Acquires Strategic Stake in Saudi Arabia Fintech Geidea
Middle East alternative asset management firm Gulf Capital announced on Monday it has acquired a strategic stake in Saudi Arabia…
Bahrain's GFH buys majority stake in The Entertainer
GFH Financial Group on Tuesday announced the signing of a landmark deal to acquire a majority stake in The Entertainer,…
Qatar bank merger said to stall over price dispute
Talks to merge three Qatari banks have hit a roadblock as shareholders – which include former Prime Minister Sheikh Hamad…
Dubai's Shuaa completes deal to grow assets to over $1.2bn
Shuaa Capital has announced the completion of its acquisition of Integrated Securities (IS) and Integrated Capital (IC), following final approval…
National Bank of Egypt joins enterprise software firm R3's global blockchain initiative
The National Bank of Egypt has joined enterprise software firm R3’s global blockchain, an initiative of over 200 financial services…
Dubai’s Wrappup Acquired By U.S. Tech Startup Voicera
Wrappup, a Dubai startup that has built an app for note-taking, has been acquired by U.S.-based Voicera, in a deal…
Offshore Deal Volume In 2017 Outpaces Previous Year
The number and value of offshore M&A deals rose in 2017, making it one of the busiest years recorded for…
Mena investment banking fees declined 6% in first quarter 2018
Middle Eastern & North African (Mena) investment banking fees declined six per cent year on year in the first quarter…