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CoinMENA lands Turkish buyer at USD 240 mn valuation
Paribu will use CoinMENA’s Bahrain and Dubai licenses as its launchpad into the Gulf
US PE firm delays sale of stake in Ascent Resources after Adic files lawsuit against it
Adic claimed that the move by EMG to sell its stake to a continuation fund aims to lock in windfalls…
THIS MORNING: Paramount’s Warner Bros. offer gets Adia backing? + Adnoc in talks to acquire Sefe’s trading unit
Plus: GCC aims to finalize joint air defense shield soon
BlueFive plans to take stake in Saudi ins. firm GGI, launches ins.-focused platform
The non-binding offer gives both sides a two-month exclusivity period.
GulfNav finally seals AED 3.2 bn acquisition of Brooge’s assets
The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
AD Ports exits NMDC through AED 1.6 bn sale to Alpha Dhabi
The sale generated a 17% total shareholder return for AD Ports over three years
Adnoc clears final hurdles for Covestro takeover
Covestro had guided for the transaction to close before 2 December
ADQ secures indirect majority control of Egypt’s Alexandria Container & Cargo Handling Co
The group funded the acquisition through a mix of banknotes and debt
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