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More M&As to be subject to merger control as of 1 April
Under the old system, market share was the only trigger for review
e& sells stake in Khazna, while MGX buys in
The telecoms giant will use the proceeds to fund its own debts
Multiply acquires 67.9% of Spanish retail group
The acquisition makes Multiply a majority shareholder
THIS MORNING: Alpha Data likely to price IPO at top of range + Is Sidara’s acquisition of Wood Group back on the table?
Plus: A host of debt updates from Sharjah Islamic Bank and Tabreed
2PointZero acquires Egyptian fintech Maseera Holding, with plans for Abu Dhabi presence
The Abu Dhabi-based asset manager plans to inject some AED 1 bn into Maseera
THIS MORNING: UAE eyes USD 10 bn investments in Indonesian renewables + AD Ports will not be operating Turkey’s Alsancak Port
Plus: UAE launches real-time platform to monitor prices of essential goods
ADIA divests majority stake in Shanghai office tower to China Post Life Ins.
The tower was sold at a 20% discount from Adia’s original asking price
Burjeel Holding buys into Advanced Care Oncology Center
The move comes as part of the group’s broader agenda to set up a string of oncology centers across the…
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