Acwa Power boosts Kuwaiti, Bahraini portfolio with SAR 2.6 bn utility buy
The agreement will see Acwa Power tap its own resources and take on debt to finance the acquisition
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The agreement will see Acwa Power tap its own resources and take on debt to finance the acquisition
The two companies will set up a Saudi sports broadcasting JV, dubbed Dazn Mena
Independent valuations from Rothschild estimate the stock’s worth between ZAR 105.53-119.43 apiece
Tawal is valued at SAR 22 bn
The US and Canada led with a market value of USD 1.2 tn, followed by Greater China at USD 291…
Saudi Arabia and the UAE topped the M&A league table
The transaction is expected to close by the end of next month.
The offer will be made through a newly-set up private equity fund managed by FAAD Capital Partners
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