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e& finalizes its exit from data centers firm Khazna
USD 1.4 bn in proceeds will be used for debt reduction, and will be reflected in 1Q financials
DP World now owns 100% of Swiss logistics and terminal operator Swissterminal AG
The transaction will see Matthias Dischinger assume the role of CEO
TODAY: DP World revives Congo’s deep-sea port development
What we’re tracking this morning regionally and around the world
Investcorp to acquire majority stake in German logistics consultancy Miebach
The transaction could reportedly value the firm and debts at roughly EUR 150 mn
TC Mena makes exportation push with takeover bid of Gulf Cement
The offer sets a minimum acquisition target of 50% plus one share
GulfNav’s shareholders approve AED 3.29 bn acquisition of Brooge Energy assets
The transaction will be settled through a mix of cash, new shares, and mandatory convertible bonds
Dubai Aerospace Enterprise mulls sale of its MRO arm Joramco
DAE holds an 80% stake in Joramco
ADQ secures more shares in Aramex following a voluntary tender offer
ADQ now holds an indirect 58% stake in Aramex
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