BofA wins pivotal role in planned Kuwaiti bank merger
Bank of America Merrill Lynch has won a coveted role advising Kuwait’s sovereign wealth fund in an appointment…
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Kenyan supermarket chain forced to merge
Worsening financial pressure has forced the struggling Kenyan supermarket chain Nakumatt into a merger with its leading rival…
Shell’s Iraq oil exit furthers new focus
Shell’s decision to abandon oil production in Iraq – which will include the sale of its 20% stake…
Teva keeps up the pace on disposals
Teva Pharmaceuticals is set to announce its second asset disposal in a week as it nears an agreement…
Credit Agricole may regret Saudi retreat
The sale by France’s Credit Agricole of about half its 31.1% stake in Banque Saudi Fransi (BSF) to…
Teva hopes disposals will provide best medicine
Struggling Israeli pharmaceuticals company Teva Pharmaceutical Industries is looking to raise a further US$2bn from divestments after selling…
Teva extends sell-off as debt pressures mount
The heavily-indebted Israeli pharmaceutical group Teva is extending its asset sales as it seeks it to shore up…
Mexicans pay up for Israeli irrigation firm
A Mexican industrial conglomerate has outbid heavyweight financial investors – including two Chinese firms – to secure an…
Benchmark spreads its wings
The highly-regarded Bolton-based mid-market M&A boutique Benchmark International is making a major extension to its international operations in…
Blue Label Telecoms expands presence
The South African telecommunications group Blue Label Telecoms is splashing out ZAR1.9bn (US$145m) in a move designed to…
