Japan’s Renesas Electronics Corporation announced on Thursday that it will acquire ASX-listed Altium Limited for $5.9 billion …
mergers and acquisitions
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Law firm, Al Tamimi & Company announced on Wednesday the appointment of Amr Namek as its new …
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FeatureIndustry & TradeTech newsTech/AI
Sony terminates $10 bln Zee India merger
by Sama Mousaby Sama MousaJapan’s Sony Group said on Monday it has terminated the Zee Entertainment merger worth $10 billion, due …
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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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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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EGXFeatureFinancial InstitutionsIndustry & TradeMoneyStocksTech newsTech/AI
Egypt’s stock exchange announces sale of EGP 904 mln stake in Fawry
by Yomna Yasserby Yomna YasserEgypt’s Stock Exchange (EGX) announced on Wednesday the acquisition of 161.4 million shares in Egyptian e-payment giant …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Three bidders jostle for stake in Egypt’s army-owned Wataniya – minister
by Yomna Yasserby Yomna YasserThree firms are vying to buy a stake in Egypt’s army-owned petrol stations operator Wataniya, Planning Minister …
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EGXIndustry & TradeStocksTech/AI
Egypt’s MidFert Misr raises stake in Sheeni to over 12%
by Sama Mousaby Sama MousaEgypt’s MidFert Misr raised its 9.95 percent stake in General Company for Ceramic and Porcelain Products (Sheeni) …