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Bawan inks SPA to fully acquire Petronash Global
The agreement values Petronash at USD 175 mn
City Cement to acquire Umm Al-Qura Cement in SAR 1.1 bn share swap
The transaction is pending shareholders and regulatory approval
Abdul Latif Jameel Energy revives exit plans for Fotowatio
The divestment could value the company at up to USD 2.2 bn
Manara Minerals “in advanced talks” for USD 1.5-2 bn stake in Zambia mines
An agreement could be finalized by year-end
Grocery delivery app Nana buys Rasseed
Nana closed a USD 133 mn series C funding round early last year
PIF sells down Nintendo stake
PIF remains one of Nintendo’s largest shareholders
PIF acquires an additional 30% in UK department store chain Selfridges
The fund will hold an overall 40% minority stake in the business.
PIF eyes USD 1 bn minority stake in sports streaming platform Dazn
Dazn’s revenue grew 41% to USD 2.1 bn in 2022
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