M&A Brief of the Week

Saudi Arabian Fertilizer Company

The Saudi General Authority for Competition has agreed on Saudi Arabian Fertilizer Company’s (SAFCO) acquisition of Saudi Basic Industries Corporation’s (SABIC) subsidiary.

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The National Central Cooling Company

The National Central Cooling Company (Tabreed) has inked an agreement with Emaar Properties to acquire 80% of Emaar's Downtown Dubai district cooling system at a value of AED 2.48 billion.

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Abu Dhabi Commercial Bank

Abu Dhabi Commercial Bank said the integration process following its three-way merger with Union National Bank and Al Hilal Bank formalised in May last year is now complete, ahead of schedule.

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Abu Dhabi National Energy Company

Abu Dhabi National Energy Company (TAQA) has agreed on the acquisition of the majority of water and electricity assets of Abu Dhabi Power Corporation (ADPower).

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Decypha Contribution Time: 09-Apr-2020 07:46 (GMT)
Decypha Last Update Time: 09-Apr-2020 07:46 (GMT)