M&A Brief of the Week

Gulf Islamic Investments

Dubai-based Gulf Islamic Investments has closed a $530m deal to buy a stake in Saudi Arabia’s largest provider of dental and dermatology care and will look to list the healthcare company in the next three years.

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TAQA Arabia

TAQA Arabia has acquired the liquefied natural gas (LNG) arm of Rosetta Energy.

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e&

e& has acquired a 9.8% stake in the issued share capital of Vodafone Group in exchange for $4.4 billion.

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GFH Financial Group

GFH Financial Group has signed an agreement to acquire a majority stake in the US-headquartered SQ Company.

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Q Holding

Q Holding has acquired all shares of Reem Investments as part of its objective to expand its portfolio of investment assets for a total amount of AED 5.94 billion.

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Dar Al Takaful

The shareholders of Dar Al Takaful (DAT) and National Takaful Company (Watania) approve merger.

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Aldar Investment

Aldar Investment has completed the acquisition of a 70% stake in Abu Dhabi Business Hub in exchange for over AED 500 million.

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Decypha Contribution Time: 19-May-2022 11:30 (GMT)
Decypha Last Update Time: 19-May-2022 11:30 (GMT)