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Multiply Group to snap up 60.8% of Italian luxury packager ISEM
The remaining 39.2% will be held by Peninsula Capital and minority investors.
PureHealth completes 60% HHG takeover
The company signed a definitive agreement to acquire the stake in January
THIS MORNING: EGA eyes acquisition of Brazil’s Companhia Brasileira de Alumínio? + Revolut CEO moves residency to UAE
Plus: Kuwait’s Jazeera Airways resumes flights to Abu Dhab
Mubadala offloads Getir Arac stake to Turkish car-sharing firm Tiktak
Anadolu sold its 25% stake in Getir Arac to Tiktak for USD 5.5 mn
UAE, Turkey ink AED 18 bn currency swap
Plus: Masdar completes acquisition of 50% stake in solar portfolio from Endesa
IHC to acquire 41.2% of of Mumbai-listed Sammaan Capital
The move could trigger an open tender offer to minority shareholders for an additional 26% stake
Adia acquires minority stake in British ice cream maker Froneri
The fund reportedly invested EUR 1.4 bn alongside private equity firm PAI Partners
Network International, Magnati finalize merger
The combined entity will cover 56 markets and offer a suite of services
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