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XRG-led consortium walks away from USD 18.7 bn play for Santos
The withdrawal ends months of talks over what could have been Australia’s biggest all-cash corporate takeover
Ades raises bid for Dubai-based Shelf Drilling
The update reflects an upward revision in annual cost synergies to USD 50-60 mn
MGX joins Silver Lake in Altera buyout
Intel agreed in April to sell 51% of Altera to Silver Lake in a transaction valuing the unit at USD…
Al Futtaim closes Cenomi Retail stake acquisition
The transaction was executed through a share purchase from Cenomi’s major shareholders at SAR 44 per share
THIS MORNING: Dubai property boom fuels expansion for Emaar, prompts potential Binghatti IPO
Plus: IFFCO weighs USD multi-bn debt restructuring
Mubadala in talks to back Aquarian’s USD 3 bn Brighthouse takeover
The private capital group has faced delays in raising equity amid a lengthy diligence process
Mubadala invests in Romania’s Rezolv Energy
Rezolv has a 2.5 GW portfolio spanning Central and Eastern Europe
Another hiccup in Adnoc’s Covestro takeover + Opec+ to weigh another supply hike on Sunday?
Plus: ICD’s Kerzner expands One&Only brand with new resorts in Fiji and US
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