acquire

Energy giant Saudi Aramco is set to acquire a 50 percent stake interest in the Jubail-based Blue Hydrogen Industrial Gases Co. The deal, pending standard closing conditions, will also grant the firm options to purchase hydrogen and…
Read More...

Saudi Arabia’s sovereign wealth fund and a French private equity group will acquire a 38 percent stake in Britain’s busiest airport, Heathrow, officials announced on Friday. Dutch-based transport company Ferrovial SE said the Public…
Read More...

McDonald’s Corporation said Thursday it will acquire Alonyal, which owns 225 McDonald’s restaurants in Israel which have been hit by calls for a boycott over the war with Hamas in Gaza. Terms of the transaction were not disclosed.…
Read More...

The Federal Deposit Insurance Corp. has agreed on the sale of troubled Silicon Valley Bank to North Carolina-based First-Citizens Bank & Trust Co. The sale involves the sale of all deposits and loans of SVB to First-Citizens, the…
Read More...

Nintendo announced on Thursday that the video gaming company signed an agreement to “acquire 100 percent of outstanding shares of Dynamo Pictures,” a Tokyo-based CG production studio. In the statement, Nintendo said it is acquiring…
Read More...

Netflix announced on Wednesday that it intends to acquire Finnish video game studio Next Games, in a project that underscores the ambitions of the American streaming giant to expand its activities in the video game sector. Netflix said:…
Read More...

Batic Investments and Logistics Co. agreed to acquire Smart Solutions Co.’s stake in Smart Cities Solutions for Communications and Information Technology for SR12 million ($3.19 million). The stake is equivalent to 4 percent of Smart…
Read More...

Saudi restaurant technology services provider Foodics has acquired point-of-sale software maker POSRocket in a bid to further expand outside of the Kingdom. The move is seen to put Foodics as the “dominant restaurant-tech provider in…
Read More...

Netflix has acquired the whole works of acclaimed children’s author Roald Dahl, creator of such classics as “Charlie and the Chocolate Factory” and “Matilda,” the company announced Wednesday. In 2018, Netflix signed a deal to create…
Read More...

US President Joe Biden told Israeli Prime Minister Naftali Bennett in White House talks on Friday that he was putting “diplomacy first” to try to rein in Iran's nuclear program but if negotiations fail he would be prepared to turn to other…
Read More...