Chevron to buy competitor Hess for $53bln
US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
Browsing Tag
mergers and acquisitions
Egypt’s stock exchange announces sale of EGP 904 mln stake in Fawry
Egypt’s Stock Exchange (EGX) announced on Wednesday the acquisition of 161.4 million shares in Egyptian e-payment…
Three bidders jostle for stake in Egypt’s army-owned Wataniya – minister
Three firms are vying to buy a stake in Egypt’s army-owned petrol stations operator Wataniya, Planning Minister…
Egypt’s MidFert Misr raises stake in Sheeni to over 12%
Egypt's MidFert Misr raised its 9.95 percent stake in General Company for Ceramic and Porcelain Products (Sheeni)…
ExxonMobil agrees to buy Pioneer in $59.5bln deal
ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
GFH Partners acquires $150mln logistics portfolio in Saudi Arabia, UAE
GFH Partners announced on Saturday that it has completed the acquisition of a $150 million diversified and…
ADNIC acquires majority stake in Allianz Saudi Fransi for $133mn
Abu Dhabi National Insurance Company (ADNIC) has acquired a 51 percent majority stake in Allianz Saudi Fransi…
Saudi Egyptian Investment Company increase stake at e-finance
Saudi Egyptian Investment Company raised its stake in e-finance for Digital and Financial Investments to 25.01…
Egypt’s Dice receives acquisition offer
Egypt's Dice Sport and Casual Wear received a preliminary offer for a potential acquisition from a consortium on…
Egypt’s NSPO acquires 24% from three steel firms for $324mln
The National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay…
