merger

Negotiations are underway between Cenomi Retail and a top fashion retailer for a significant transaction that could involve the merger of several commercial agencies. This move by the prominent player in Saudi Arabia’s retail landscape…
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Kuwaiti lenders Boubyan Bank and Gulf Bank are weighing a merger to create a single Islamic bank with $53 billion in assets as part of a plan to fuel growth and expansion. The boards of Boubyan Bank and Gulf Bank have approved the…
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Banks in the Gulf Cooperation Council region will witness a rise in merger and acquisition activity enabling future synergies and oil revenue divergences in the region, said global rating agency Moody’s. The ongoing and long-standing…
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The government and publishing titan Penguin Random House exchanged opening salvos in a federal antitrust trial Monday as the US seeks to block the biggest US book publisher from absorbing rival Simon & Schuster. The case comes as a key…
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Dur Hospitality and Taiba Investments said they would start preliminary discussions about a possible merger. The pair made the disclosure in separate statements to the Saudi stock exchange on Sunday. It comes amid a wave of merger and…
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