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Saudi trails Kuwait and Dubai on M&A dealflow in first quarter
Tech recorded the most M&A activity
Two of PIF’s cement heavyweights could merge, creating western regional champion
The merger would create a production powerhouse in the Kingdom’s west
PIF closes in on Holon acquisition after getting nod from regulator
The move will see the PIF’s Tasaru Mobility Investments acquire up to a 38% stake in Holon
PIF is getting more of Heathrow Airport
French Ardian also snapped up a 22.6% stake
Qassim Cement is the new owner of Hail Cement
The transaction values Hail Cement at SAR 206 mn
Acwa partially offloads stake in Rabigh Arabian Water and Electricity
The transaction was valued at SAR 844 mn
STC going back to Europe in search of new assets?
STC already has a foot in Europe, after acquiring a stake in Spain’s Telefonica
Aramco execs are hitting the road to drum up interest in oil giant’s secondary offering
PLUS: CMA signs off on two fresh IPOs
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