M&A News

Dubai-based asset manager Daman Investments has confirmed that it will take the majority stake in Emirates Biodiesel (EmBio), a new venture aimed at producing the UAE's first biodiesel... 2008-08-11

Anglo-Swiss miner Xstrata made an unsolicited US$10bn bid for the world's third-largest platinum producer, Lonmin, on August 6. Xstrata bid GBP33.00 (US$64.50) per share, a premium... 2008-08-07

Russian oil firm LUKOIL has agreed to purchase Akpet, a Turkish fuel distributor, for a little over US$500mn. The deal is part of LUKOIL's strategy to raise its market share in Turkey... 2008-07-31

Israel's Hadera Paper has increased its stake in Carmel Container Systems to 89%. Hadera, which changed its name in early July from American Israeli Paper Mills, has agreed to pay... 2008-07-18

Dutch multi-national AEGON NV, one of the world's leading insurance companies has finalized the acquisition of the Turkish pension provider Ankara Emeklilik, as part of its broader... 2008-07-10

Bahrain-based Arcapita Bank has agreed to become joint partners with Singapore's Mapletree Investments in a private real estate fund, Mapletree Industrial Trust (MIT). Arcapita has... 2008-07-02

Bourse M&A looks set to continue this year between developed and emerging markets. On June 25, NYSE Euronext agreed to purchase a 25% stake in Qatar's Doha Securities Market (DSM).... 2008-06-26

Dubai World, the Dubai state investment group, has been busy of late. Subsidiaries of the sovereign investment fund, have agreed to buy global logistics operations company Gazeley... 2008-06-12

South African incumbent telecoms operator Telkom SA has confirmed reports that it has received a non-binding proposal from Vodafone Group of the UK to acquire a portion of Telkom's... 2008-06-02

One of Kuwait's leading commercial banks, Burgan Bank, announced on May 12 that it had agreed to buy the holdings of Bahrain-based United Gulf Bank in four countries across the Middle... 2008-05-12