Leading UAE-based satellite operator Yahsat has entered into an agreement to acquire a
majority stake in themobile satellite services operator Thuraya, also based in the UAE, subject to final pre-closing conditions being met.
The change in the shareholders structure where Gimv andA Luciad's management hold a
majority stake will help the latter achieve its goals in the aviation sector but also in sectors such as natural gas, petroleum, mining and telecoms.
We are looking at a
majority stake in a top ten Turkish bank as a means to add value," Mari said.
Summary: DUBAI -- Qatar National Bank, or QNB, which is buying Societe Generale's Egypt arm for $2 billion, is looking at taking a
majority stake in one of Turkey's top ten lenders, its chief financial officer said on Thursday.
Morgan Stanley has been in discussions with Qatar for more than a year over the sale of at least a
majority stake in its energy-focused trading business, according to bankers cited by Reuters.
TELECOMWORLDWIRE-May 18, 2012-WPP's Possible Worldwide to acquire
majority stake in Grape(C)1994-2012 M2 COMMUNICATIONS http://www.m2.com
Building giant Arabtec, the largest construction company in the UAE by market value, has refuted reports that shareholder Aabar Investments had taken a
majority stake in the company.
New Delhi, March 14 -- The Franco-Japanese alliance of Renault-Nissan will reportedly take a
majority stake in Russian automaker AvtoVAZ in the coming weeks, according to reports.
M2 PHARMA-January 25, 2012-US GeneThera takes
majority stake in Mexico's Applied Genetics(C)2012 M2 COMMUNICATIONS
Summary: The Algerian state is set to acquire a
majority stake in the country's largest mobile operator Djezzy, potentially ending a long-running dispute with the firm's owner, Orascom, over ownership of the operator.
The decision was handed down Tuesday at a court in Sao Paulo state, which acted on Kirin's protest lodged against the injunction by a lower court in August after minority shareholders of Schincariol Group demanded that Kirin's acquisition of a
majority stake in the group be invalidated and banned.
Italian energy giant Enel has closed the sale of its
majority stake in Maritsa East 3, a Bulgarian coal-fired plant, to US investment fund Contour Global, the company announced.
(ADPnews) - Jun 10, 2010 - Belgian chemical group Solvay SA (EBR:SOLB) announced today the failure of the planned acquisition of a
majority stake in a soda ash plant in Berezniki, Russia, as it was unexpectedly bought by a local player.
Saudi Arabian business group Astra plans to buy a
majority stake in a Jordan-based steel company which is building a plant in Iraq, Steel Business Briefing learns from the Saudi stock exchange.
The world's largest package delivery company United Parcel Service (UPS) said that it has bought a
majority stake in its Turkish service agent in order to grow its business in the Middle East and Central Asia.
