M&A News

Dimension Data (Didata), Africa's leading global IT solutions and services company, has expanded its presence in the region with the acquisition of a 51% stake in Sistemas Redes e... 2008-10-06

Dubai Group subsidiary Dubai Ventures Group has paid US$76.9mn to become Acacia Real Estate Limited's largest stakeholder. It announced on September 29 that it now holds a 51% stake... 2008-10-01

On September 14 Dubai Group announced that it has become a founding shareholder in Mazaya Saudi. The group purchased a 20% stake in the Saudi Arabia-based real estate developer via... 2008-09-17

It's not only Saudi Arabia's real estate sector that is attracting attention, Egypt's EFG-Hermes announced on September 16 that it bought a stake in the UAE's Gulf Housing Solutions... 2008-09-17

Impala Platinum, South Africa's second-largest platinum producer, has entered into talks with industry peers Mvelaphanda Resources (Mvela) and Northam Platinum, it was announced on... 2008-09-17

On September 2, Dubai Islamic Bank (DIB) announced that it will buy a majority stake in the Industrial Development Bank of Jordan (IDB), a strategic investment that will pave the... 2008-09-03

There were sparks in Turkey's energy sector this week, as Zorlu Enerji confirmed that one of its subsidiaries, Zorlu Natural Energy had signed a US$350mn loan with foreign branches... 2008-09-03

EM-specialists and CFW-regular Aureos Capital has successfully sold its stake in Uganda Microfinance (UML) to Equity Bank, a major Kenyan bank listed on the Nairobi exchange. Aureos... 2008-09-03

Qatar Telecom (Qtel), the exclusive telecommunications provider in Qatar, said on September 2 that it is studying the possibility of bidding for Iran's third mobile license, in an... 2008-09-03

The Saudi Capital Market Authority (CMA) announced on August 25 that France's BNP Paribas has purchased a 25% stake in SAIB Asset Management, an affiliate of Saudi Investment Bank.... 2008-08-27