On Wednesday, it agreed to buy a majority stake
in Egypt's National Societe Generale Bank from its French parent for $2 billion.
Bankers reportedly said the parties had looked at two deals: the sale of a majority stake
, at least 75 per cent, and the sale of the whole unit, with commodities managers at Morgan Stanley taking a 20 per cent stake funded by private equity.
Advertising and marketing services provider WPP PLC announced on Friday that its wholly-owned operating network Possible Worldwide has agreed to acquire a majority stake
in digital marketing services agency Grape LLC in Russia.
It followed a report in an Arabic daily newspaper that quoted Aabar's chairman - who was appointed to the same post at Arabtec last week - as saying the investment fund now owns the majority stake
The alliance has been in talks with AvtoVAZ's shareholders to take a majority stake
in the maker of Lada cars since last year and had expected to complete a deal by the end of 2011.
M2 PHARMA-January 25, 2012-US GeneThera takes majority stake
in Mexico's Applied Genetics(C)2012 M2 COMMUNICATIONS
Summary: The Algerian state is set to acquire a majority stake
in the country's largest mobile operator Djezzy, potentially ending a long-running dispute with the firm's owner, Orascom, over ownership of the operator.
15 December 2011 - S&P on Wednesday upgraded the long-term rating on German industrial group MAN SE (ETR:MAN) to A- from BBB+ after automotive group Volkswagen (ETR:VOW) secured a majority stake
The decision was handed down Tuesday at a court in Sao Paulo state, which acted on Kirin's protest lodged against the injunction by a lower court in August after minority shareholders of Schincariol Group demanded that Kirin's acquisition of a majority stake
in the group be invalidated and banned.
Italian energy giant Enel has closed the sale of its majority stake
in Maritsa East 3, a Bulgarian coal-fired plant, to US investment fund Contour Global, the company announced.
ADPnews) - Jun 10, 2010 - Belgian chemical group Solvay SA (EBR:SOLB) announced today the failure of the planned acquisition of a majority stake
in a soda ash plant in Berezniki, Russia, as it was unexpectedly bought by a local player.
Saudi Arabian business group Astra plans to buy a majority stake
in a Jordan-based steel company which is building a plant in Iraq, Steel Business Briefing learns from the Saudi stock exchange.
The world's largest package delivery company United Parcel Service (UPS) said that it has bought a majority stake
in its Turkish service agent in order to grow its business in the Middle East and Central Asia.
Abu Dhabi billionaire Sulaiman al-Fahim insists there is "no link" between his bid for English Premier League club Portsmouth and the reported purchase of a majority stake
in another team by a UAE investor.
NORDIC BUSINESS REPORT-3 September 2008-Swedish IT company Sigma AB sells majority stake
in Danish subsidiary to Plan B(C)1994-2008 M2 COMMUNICATIONS LTD http://www.