merger

Egypt’s MaxAB and Wasoko finalize Africa’s largest tech merger

Thu, 29 Aug 2024 - 08:59 GMT

Leveraging Wasoko and MaxAB’s extensive, hyper-localised online and offline expertise across Kenya, Tanzania, Rwanda, Egypt and Morocco, the newly-formed entity boasts the continent’s largest network of B2B informal retailers of more than 450,000 merchants

Egypt among top 3 active MENA countries for mergers, acquisitions - IDSC

Thu, 20 Oct 2022 - 04:50 GMT

The data showcased in the infographic was based on a recent report released by Baker McKenzie in October.

Fiat Chrysler seeks Renault merger to meet auto challenges

Mon, 27 May 2019 - 10:15 GMT

If successful, the $35 billion-plus tie-up would alter the competitive landscape for rivals including General Motors and Peugeot maker PSA Group, which recently held inconclusive talks with Fiat Chrysler (FCA).

SODIC’s merger offer with MNHD is over

Wed, 23 Jan 2019 - 02:40 GMT

In a filing to the Egyptian Exchange (EGX), MNHD attributed the decline of negotiations to disagreement on the terms of the swap transaction.

Singapore says Grab-Uber merger lessened competition, proposes penalties

Thu, 05 Jul 2018 - 08:15 GMT

Uber sold its Southeast Asian business to bigger local rival Grab, marking the U.S. company’s second retreat from an Asian market.

Singapore says Grab-Uber merger lessened competition, proposes penalties

Thu, 05 Jul 2018 - 08:05 GMT

Uber sold its Southeast Asian business to bigger local rival Grab, marking the U.S. company’s second retreat from an Asian market.

Comcast offers $65 billion to lure Fox from Disney bid

Thu, 14 Jun 2018 - 09:00 GMT

Fox shareholders will vote July 10 on the Disney transaction but the company could postpone the meeting, Fox said in a statement.

Merger partners Sainsbury's and Asda lag rivals: Kantar

Tue, 01 May 2018 - 08:29 GMT

Sainsbury’s and Asda, the two British supermarkets planning to merge, had the slowest sales of the “big four” chains in the 12 weeks to April 22.

U.S. judge blocks Fujifilm, Xerox merger temporarily

Sat, 28 Apr 2018 - 09:51 GMT

Fujifilm Holdings Corp’s merger with U.S. firm Xerox Corp was temporarily blocked on Friday following a court ruling.

IPOs Shake Up the EGX

Sun, 18 Mar 2018 - 11:19 GMT

Numerous state-owned and private sector companies have been floating their stocks the past few months, a trend expected to continue throughout 2018.

U.S. Justice Department, AT&T spar over merger in final pre-trial documents

Sat, 10 Mar 2018 - 10:06 GMT

The U.S. Justice Department and AT&T Inc on Friday presented starkly different futures for online video if the pay-TV giant is allowed to buy Time Warner.

U.S. seeks to block AT&T from citing Trump opposition in merger lawsuit

Sat, 17 Feb 2018 - 10:14 GMT

The U.S. Department of Justice moved to prevent AT&T from arguing that politics played a role in the government’s decision to stop its merger with Time Warner.

China's state-owned firms to face more mergers, bankruptcies

Wed, 24 Jan 2018 - 10:20 GMT

China’s state-owned enterprises will face more mergers and bankruptcies as the government overhauls the lumbering state sector.

AkzoNobel in merger talks with US rival Axalta

Mon, 30 Oct 2017 - 09:45 GMT

Dutch chemical giant and leading paintmaker AkzoNobel announced Monday that it is in merger talks with leading US rival, Axalta.

US antitrust crackdown on Amazon? Not so far

Sun, 02 Jul 2017 - 09:26 GMT

US antitrust regulators have shown little sympathy for the plight of brick and mortar retailers as Amazon and e-commerce travel around the world of shopping.

Diageo buys George Clooney's tequila Casamigos for $1bn

Thu, 22 Jun 2017 - 05:11 GMT

Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion.

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