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THIS MORNING: Int’l players assess UAE operations amid strikes + Opec to raise production in April
Plus: The competition is heating up for India’s IDBI
DAE buys into the mega-lessor tier with USD 7 bn Macquarie takeover
The takeover is expected to close in 2H, pending regulatory approvals
MENA’s M&A surge is about buying global supply chains and tech dominance
Cross-border activity accounted for 61% of dealvalue
DFM-listed Unikai rejects Al Wafir’s majority takeover bid
Unikai says it is now evaluating its next steps
Mubadala Bio takes over Global Medical Supply Chain and Al Ittihad
Unikai says it is now evaluating its next steps
THIS MORNING: Two DP World partners pause future investments + Adia stays firm on selling Vier Gas stake
Plus: Singapore-India-Gulf submarine cable to land in UAE
Mubadala-Warburg in the lead to acquire Indian pharma outfit Encube Ethicals at USD 1.8 bn valuation
Topical Indian drug maker Encube Ethicals emerges as a beneficiary as the US moves away from China’s pharma supply chain
Mubadala Capital acquires US billboard operator in USD 6.2 bn transaction
PLUS: Mubadala is selling Turkish delivery firm Getir’s food delivery arm to Uber
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