PE firm BlueFive takes over Abu Dhabi’s Wusoom Holding
The transaction comes days after it closed the its USD 2 bn debut equity fund
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The transaction comes days after it closed the its USD 2 bn debut equity fund
Plus: UAE-based trade credit insurer Coface completes the acquisition of Cedar Rose
Triton and Stonepeak will share equal ownership and joint governance of IFCO after the sale
The merger is scheduled for completion in 3Q 2025
The materials sector accounted for 67% of the region’s total M&A value
The move marks Nawy’s first foray into a GCC market
The investment aims to drive Alvest’s expansion and innovation plans
EDC’s net income rose 7.6% y-o-y to AED 68.8 mn in 1Q 2025
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