Amanat Holdings
Amanat Holdings has acquired the real estate property of Cambridge Medical and Rehabilitation Centre’s (CMRC) facility in Abu Dhabi for AED 46 million and launched its social infrastructure platform.
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United Foods Company
United Foods Company has acquired Stratus General Trading and Pal Foodstuff & Beverages Trading, in exchange for AED 4.55 million.
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AXA Mediterranean Holding
AXA Mediterranean Holding (AXA Med) has completed the sale of its 28.05% stake in AXA Green Crescent Insurance Company (AXA GCIC) to Gulf Insurance Group (GIG).
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Aldar Properties
A consortium comprising Aldar Properties and ADQ has submitted an all-cash mandatory tender offer to acquire up to 90% and a minimum of 51% of the outstanding share capital of Six of October Development and Investment (SODIC) for the approval of the Egyptian Financial Regulatory Authority (FRA).
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Elsewedy Electric Co
Elsewedy Electric Co has completed the acquisition of International Cables Company.
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Agthia Group
The UAE-based Agthia Group has completed the acquisition of a 75.02% stake in Ismailia Investments (Atyab), an Egyptian producer of frozen processed chicken and beef products.
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ADQ
ADQ has signed a definitive agreement to acquire Switzerland-based pharmaceutical company Acino.
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Gargash Group
Gargash Group has acquired Deem Finance, a UAE-based consumer finance business, to expand its financial services offerings in the market and accelerate its growth plans.
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