International News Alibaba plans to acquire Cainiao’s remaining 36% stake for $3.7b Nada Ali Mar 26, 2024 0 Alibaba Group announced on Tuesday that it plans to acquire the remaining 36 per cent stake in Cainiao for up to…
Feature Swiss Lonza agrees to acquire Roche for $1.2b Nada Ali Mar 20, 2024 0 Lonza, a Swiss contract drug manufacturer, has agreed to acquire the Genentech manufacturing facility in Vacaville,…
Banks UBS bank plans to explore US deals Nada Ali Mar 17, 2024 0 Swiss banking giant UBS is planning to explore merger and acquisition opportunities in the United States in the…
Money Nationwide offers to acquire Virgin Money UK in £2.9b deal Nada Ali Mar 7, 2024 0 The UK's largest building society Nationwide, has a history of successful acquisitions, has agreed to buy Virgin…
Egypt News Kuwaiti Finance House offers to acquire United Bank of Egypt Nada Ali Feb 29, 2024 0 Kuwait Finance House (KFH) has submitted a non-binding offer to acquire United Bank of Egypt, the Federation of…
International News China’s CDH plans to purchase $1.7b stakes in Mobile World Nada Ali Feb 28, 2024 0 China's CDH Investments is in advanced negotiations to purchase a minority stake in Bach Hoa Xanh (BHX) from…
News US Alcoa to buy Aussie Alumina for $2.2b Nada Ali Feb 26, 2024 0 US aluminium producer Alcoa has proposed a $2.2 billion all-stock buyout of its Australian joint venture partner…
Tech/AI Broadcom to strike $4b-deal with KKR Nada Ali Feb 25, 2024 0 KKR & Co. is close to finalising a $4 billion deal to acquire a software business from Broadcom Inc., Bloomberg…
International News Walmart to acquire Vizio for $2.3 bln Nada Ali Feb 20, 2024 0 Walmart plans to acquire smart-TV maker Vizio for $2.3 billion, or $11.50 per share in cash, effecting its shares…
Feature Egypt’s M&A activity surges 32% in H2: Baker McKenzie Yomna Yasser Feb 20, 2024 0 Egypt’s mergers and acquisitions (M&A) activity have surged by 32 per cent during the second half of 2023,…