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Menzies tapped for work at India’s BLR, Albatha acquires a local clinic, and AI hiring startup Qureos secures USD 5 mn
Menzies plans to invest USD 9 mn to upgrade and modernize its ground support equipment at the airport
Aliph Capital acquires 25% stake in Sanipex Group
The investment marks Aliph’s expansion into the lifestyle sector
GulfNav’s board greenlights terms for Brooge takeover
GulfNav has called for a general assembly for final approval
Adani Ports snaps up 80% of Dubai’s Astro for USD 185 mn
The acquisition will boost APSEZ’s fleet to 168 vessels
Adia-backed consortium offers EUR 14 bn to take over DB Schenker
The CVC-led group offered EUR 16 bn for the German gov’t to reinvest in the company
Dubal snaps up majority stake in BiOD
BiOD operates the only biodiesel refinery in the region
GulfNav to complete Brooge acquisition in eight weeks
GulfNav will issue mandatory convertible bonds and new shares,
Saint Gobain to acquire Fosroc in a USD 1 bn transaction
The acquisition is part of Saint Gobain’s regional expansion strategy