Featured China creates $230b brokerage giant through merger Yomna Yasser Sep 5, 2024 0 China is consolidating its brokerage industry by merging two of its largest state-backed firms, Guotai Junan…
Featured Egypt to enforce ex-ante merger control law in June – ECA chief Nada Ali May 26, 2024 0 Egypt’s landmark rules on pre-merger control under the Egyptian Competition Law (ELC) will enter into force next…
Featured Sony terminates $10 bln Zee India merger Sama Mousa Jan 22, 2024 0 Japan’s Sony Group said on Monday it has terminated the Zee Entertainment merger worth $10 billion, due to an…
Money Egypt considers merging Maadi for Development, El Nasr Housing Sama Mousa Jul 25, 2023 0 Egypt is considering merging Maadi for Development and Construction and El Nasr Housing and Development Company,…
Tech/AI AstraZeneca is approaching Gilead about a potential merger – the healthcare deal on record Amwal Al Ghad English Jun 8, 2020 0 UK drugmaker AstraZeneca has approached Gilead about a potential merger, a healthcare deal that is expected to be…
Stocks Centamin: Endeavour not sharing information vital for merger Amwal Al Ghad English Dec 18, 2019 0 Endeavour Mining is refusing to share information vital to assessing its value until an extension to a deadline for…
Industry & Trade Abu Dhabi Financial Group, Shuaa Capital agree $12.8 bln merger Amwal Al Ghad English Jun 26, 2019 0 Abu Dhabi Financial Group (ADFG) and Shuaa Capital on Wednesday have agreed on the terms of their merger. The…
Industry & Trade Britain’s Sainsbury’s and Asda agree £7.3bn merger Yomna Yasser Apr 30, 2018 0 Sainsbury’s (SBRY.L) has agreed to buy Walmart’s (WMT.N) Asda for about £7.3 billion ($10 billion) to create…
Real Estate Egypt’s Madinet Nasr Housing, SODIC inch closer to tie-up deal Yomna Yasser Apr 19, 2018 0 Egypt’s Madinet Nasr Housing and Six of October Development & Investment Co. (SODIC) have reached an initial…
Tech news Netflix eyes higher content costs as Disney and Fox hold merger talks Yomna Yasser Nov 7, 2017 0 A merger between Disney and Fox could make life increasingly difficult and more costly for Netflix. CNBC reported…
Banks JP Morgan says these sectors will make 2017 a busy year for global M&A Yomna Yasser Feb 13, 2017 0 A busy year from merger and acquisition (M&A) plays is expected even with China clamping down on capital…
World LSE profit drop; its merger with Deutsche Boerse progressing well Yomna Yasser Aug 4, 2016 0 London Stock Exchange Group PLC reported on Thursday a decline in interim net profit due to expenses such as merger…
Tech news China regulator says Didi, Uber deal will need Mofcom approval Ghada Ismail Aug 2, 2016 0 A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of U.S. rival Uber could face its first…
Tech news Daimler’s MyTaxi to merge with Hailo to take on Uber Ghada Ismail Jul 26, 2016 0 Daimler will deepen its European footprint in the ride-hailing business when its MyTaxi smartphone app unveils an…
Banks Arqaam Capital targets completion of 8 M&A Egypt, Gulf deals before year-end Yomna Yasser Jul 25, 2016 0 Dubai-based financial services firm Arqaam Capital currently runs financial consulting, merger and acquisition…
World London stock exchange shareholders vote on merger deal under Brexit cloud Noha Gad Jul 3, 2016 0 Shareholders of the London Stock Exchange will vote on Monday on whether to back a $27 billion merger with…
World London Stock Exchange, Deutsche Börse claim merger to go ahead despite Brexit vote Yomna Yasser Jun 25, 2016 0 The London Stock Exchange (LSE) and Deutsche Börse have insisted their proposed £21 billion merger will still go…
Industry & Trade Siemens-Gamesa merger to ‘positively affect’ Egypt’s wind power market-… Noha Gad Jun 20, 2016 0 The possible merger between German giant Siemens and Spain's Gamesa will positively affect the Egyptian renewable…
Tech news Twitter met with Yahoo to discuss merger Yomna Yasser Jun 4, 2016 0 The list of companies looking at a possible deal with Yahoo included the social media company Twitter, said a new…
Tech news French telecom shares fall following €10 billion Orange-Bouygues deal fail Ghada Ismail Apr 4, 2016 0 Shares of French telecom companies moved sharply lower on Monday after merger talks between two of the sector’s…
Industry & Trade Shell shareholders approve $50 billion BG takeover aya salah Jan 28, 2016 0 Royal Dutch Shell (RDSa.L) shareholders approved its $50 billion takeover of BG Group (BG.L) on Wednesday,…
Entertainment Chinese Wanda Buys ‘Jurassic World’ Producer Legendary Entertainment for $3.5… aya salah Jan 12, 2016 0 Chinese conglomerate Wanda Group signed a $3.5 billion deal on Tuesday to buy Hollywood studio Legendary…
Tech news Dell eyes $10 billion asset sales ahead of EMC merger – Reuters Noha Gad Nov 3, 2015 0 Dell Inc is preparing to sell around $10 billion in non-core assets, including software and services, to reduce the…
Industry & Trade Pfizer in merger talks with Botox-maker Allergan: WSJ Noha Gad Oct 29, 2015 0 Pharmaceutical giant Pfizer Inc (PFE.N) recently approached Botox-maker Allergan Plc (AGN.N) to discuss what could…
Tech news HTC will not consider Merger with Asustek Noha Gad Jun 15, 2015 0 Taiwan's HTC Corp will not consider a merger with larger rival Asustek Computer Inc, HTC said on Monday, responding…
Banks Bahrain’s Ahli United Bank Considers Sale or Merger: Sources Yomna Yasser Apr 17, 2014 0 Ahli United Bank (AUB) AUBB.BH, Bahrain's largest lender, is evaluating a sale or a merger with a rival bank in a…
Tech news Report: Sawiris Eyes Telecom Italia Again Yomna Yasser Sep 7, 2013 0 Egyptian billionaire Naguib Sawiris has been circling the Italian telecoms market in recent months, and fresh…
Tech news Italy Govt Prefers Telefonica Merger for Telecom Italia to Sawiris – Paper Yomna Yasser Sep 7, 2013 0 The Italian government would prefer a merger between Telecom Italia and Spain's Telefonica, rather than a deal…
International News Xstrata And Glencore Merger Gets China Approval Amwal Al Ghad English Apr 17, 2013 0 China has approved the merger of commodities trader Glencore and mining group Xstrata, clearing the final big…
Industry & Trade Saudi Pepsi Bugshan Mulls Merger With Egyptian Counterpart Yomna Yasser Jan 22, 2013 0 Saudi Industrial Projects Company (SIPCO) ‘Pepsi-Cola Bugshan’ will go through a merger with Pepsi-Cola Egypt…