M&A Analysis

Gemfields Resources, an arm of private equity group Pallinghurst Resources, is still after a controlling stake in TanzaniteOne. On October 21 Gemfields made a second bid for the Tanzania-based... 2008-10-22

France Télécom has acquired 53% of the still-inactive Ugandan mobile network operator HITS Telecom. France Télécom will now be the majority shareholder in a new joint venture... 2008-10-21

UK-based pharmaceutical giant GlaxoSmithKline (GSK) has continued its EM expansion plan with the US$210mn acquisition of Bristol-Myers Squibb's Egyptian mature products businesses.... 2008-10-15

The Dubai Mercantile Exchange received another big-name investor on October 14, when US banking giant JP Morgan Chase took a minority stake in the nascent exchange. Fresh from its... 2008-10-14

Global mobile operator Vodafone has confirmed that it has made a non-binding offer to acquire a further 15% stake of South African mobile market leader Vodacom. Vodafone currently... 2008-10-14

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