VTTI, a Vitol energy storage unit, is reportedly on the verge of acquiring a majority share of …
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acquisition
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Siemens Energy performed extensive due diligence before fully acquiring its wind turbine subsidiary Siemens Gamesa, its CEO …
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FeatureInternational NewsMoneyNewsTech/AI
Japan’s Renesas to acquire Altium for $5.9 bln
by Nada Aliby Nada AliJapan’s Renesas Electronics Corporation announced on Thursday that it will acquire ASX-listed Altium Limited for $5.9 billion …
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EGXEgypt NewsFeatureNewsStocks
Egypt’s ICON secures majority stake in Legacy Hotels
by Aya El Sayedby Aya El SayedThe Arab Company for Tourism and Hotels Investments (ICON), a subsidiary of Talaat Moustafa Group Holding, has …
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FeatureIndustry & TradeTech/AI
France’s FDJ to acquire Kindred for $2.8 bln
by Sama Mousaby Sama MousaFrance’s gaming firm La Francaise des Jeux (FDJ) is set to buy Kindred Group in a deal …
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FeatureTech newsTech/AI
ABB buys Swiss tech company to boost industrial robots
by Sama Mousaby Sama MousaABB bought Sevensense, a Swiss start-up specialising in boosting the mobility of industrial robots, in the latest …
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FeatureInternational NewsMoneyNewsTech/AI
Thomson Reuters offers $627 mln for Pagero acquisition
by Nada Aliby Nada AliThomson Reuters Corporation announced a recommended public tender offer to acquire 100 per cent of Swedish e-invoicing …
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Raya Holding confirmed completing a successful acquisition of a 26.69 percent stake in Ostool company for land …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Chevron to buy competitor Hess for $53bln
by Sama Mousaby Sama MousaUS energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion …
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EGX announces sales of EGP 53.7 mln stake in Egypt’s cheese maker Arab Dairy
by Yomna Yasserby Yomna YasserThe Egyptian Exchange (EGX) announced on Wednesday the acquisition of 41.976 million shares in Egypt’s Arab Dairy …
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