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…
Featured France’s FDJ to acquire Kindred for $2.8 bln Sama Mousa Jan 22, 2024 0 France’s gaming firm La Francaise des Jeux (FDJ) is set to buy Kindred Group in a deal worth $2.8 billion, Reuters…
Featured ABB buys Swiss tech company to boost industrial robots Sama Mousa Jan 11, 2024 0 ABB bought Sevensense, a Swiss start-up specialising in boosting the mobility of industrial robots, in the latest…
Featured Thomson Reuters offers $627 mln for Pagero acquisition Nada Ali Jan 11, 2024 0 Thomson Reuters Corporation announced a recommended public tender offer to acquire 100 per cent of Swedish…
Tech/AI Chevron to buy competitor Hess for $53bln Sama Mousa Oct 24, 2023 0 US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
Featured Egypt’s stock exchange announces sale of EGP 904 mln stake in Fawry Yomna Yasser Oct 18, 2023 0 Egypt’s Stock Exchange (EGX) announced on Wednesday the acquisition of 161.4 million shares in Egyptian e-payment…
Featured Three bidders jostle for stake in Egypt’s army-owned Wataniya – minister Yomna Yasser Oct 17, 2023 0 Three firms are vying to buy a stake in Egypt’s army-owned petrol stations operator Wataniya, Planning Minister…
Tech/AI Egypt’s MidFert Misr raises stake in Sheeni to over 12% Sama Mousa Oct 17, 2023 0 Egypt's MidFert Misr raised its 9.95 percent stake in General Company for Ceramic and Porcelain Products (Sheeni)…
Tech/AI ExxonMobil agrees to buy Pioneer in $59.5bln deal Sama Mousa Oct 11, 2023 0 ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
Tech/AI GFH Partners acquires $150mln logistics portfolio in Saudi Arabia, UAE Nada Ali Oct 8, 2023 0 GFH Partners announced on Saturday that it has completed the acquisition of a $150 million diversified and…