Ooredoo divests another minority interest in Meeza: Qatari telco Ooredoo sold a 6% equity stake of its total 10% interest in Doha-listed data center provider Meeza to select funds managed by UK asset manager Fiera Capital in a private transaction, according to a joint statement (pdf). The transaction was struck at current market price, and comes a little over two years after Ooredoo first sold half of its original holding in Meeza via IPO.

Setting a full exit in motion: Ooredoo plans to divest its remaining 4% stake in Meeza at “a later stage”, describing the holding as being outside its current core portfolio.

REFRESHER- Ooredoo is a founding shareholder of Meeza, which went public on the Qatar Stock Exchange (QSE) in 2023. The IPO saw Meeza float 50% of its capital at QAR 2.17 each, raising QAR 911 mn, according to its ITF document (pdf). Ooredoo — which originally held 20% of Meeza — cut its stake down to 10% as part of the offering.

The pitch: The sale aligns with Ooredoo’s broader push to channel resources into its data centers platform, Syntys, as the telco recasts itself as a regional data-center and AI heavyweight. Over the past year it has lined up a QAR 2 bn financing package to bankroll a USD 1 bn capacity build-out, opened a 10 MW, 1.2k-rack facility in Oman, struck a partnership with Schneider Electric on cloud and green data-center solutions, and became the first regional operator to deploy Nvidia’s AI platform across its sites in six countries.

About Meeza: Founded in 2008 as a joint venture between Qatar Foundation and Ooredoo, Meeza provides managed IT, cloud, and data center services across Qatar. The firm is currently ramping up capacity with a QAR 800 mn facility from Dukhan Bank to add 44 MW.

How Meeza fared in 1H: The firm’s net income fell 4.1% y-o-y to QAR 28.7 mn in 1H 2025, with margins easing to 15.2% from 16.7% a year earlier, despite a 5.1% rise in revenues to QAR 188.6 mn, according to its latest earnings release (pdf).

IN OTHER M&A UPDATES-

#2- Mubadala is weighing a complete exit from Turkish delivery company Getir, including its grocery delivery, financing (Getir Finans), and car-rental arm (Getir Arac), sources told Reuters. Mubadala first took a stake in Getir in 2021 and last year led a USD 250 mn funding round for the company, handing it controlling shares in most of its subsidiaries.

Potential buyers are lining up: Talks on selling Getir Arac are at an advanced stage with Turkish car-sharing rival Tiktak. Multiple buyers are reportedly circling the core delivery unit, including US-based DoorDash, though discussions remain ongoing.

ICYMI- In January, Getir’s independent directors backed a Mubadala-proposed restructuring plan that would make it the sole owner of the firm, which co-founder Nazim Salur had at the time denounced as an “illegal coup,” but an Amsterdam court dismissed the founders’ appeal.

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