Middle East & North Africa

Pensions expert defends Electra(3)

A leading pensions expert has defended London-listed Electra Private Equity, after the listed trust became the latest target for activist trade unions following a reduction in pension benefits for ex-employees of its portfolio company Lil-lets.

Global buys SAR300m textile business(2)

Kuwait investor Global Investment House has bought Saudi Arabian textile business Ajlan Bin Abdulaziz Al Ajlan & Brothers ’Ajlan. The company’s value corresponds to roughly two thirds of its revenues.

Investcorp to acquire US packaging company

Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.

Actis does largest deal in South Africa this year(3)

Emerging markets buyout firm Actis has bought freight company Fuel Logistics Group from a Rand Merchant Bank-led consortium, allowing the transport company to meet its Black Economic Empowerment objectives.

Actis does largest deal in South Africa this year(2)

Emerging markets buyout firm Actis has bought freight company Fuel Logistics Group from a Rand Merchant Bank-led consortium, allowing the transport company to meet its Black Economic Empowerment objectives.

Actis does largest deal in South Africa this year

Emerging markets buyout firm Actis has bought freight company Fuel Logistics Group from a Rand Merchant Bank-led consortium, allowing the transport company to meet its Black Economic Empowerment objectives.

Oyak looks abroad following $2.67bn ING sale(2)

Following the sale of Oyak Bank to Dutch bank ING, Turkish pension fund Oyak Group is looking for partners on a foreign joint venture as it looks to invest abroad.

Global buys SAR300m textile business

Kuwait investor Global Investment House has bought Saudi Arabian textile business Ajlan Bin Abdulaziz Al Ajlan & Brothers ’Ajlan. The company’s value corresponds to roughly two thirds of its revenues.

ECI sold to Shaul Shani and Ashmore for $1.2bn(3)

Nasdaq-listed ECI Telecom has been sold to Ashmore Investment Management and telecoms investor Shaul Shani, continuing a strong week for buyout firms in the telecoms sector.

ECI sold to Shaul Shani and Ashmore for $1.2bn(2)

Nasdaq-listed ECI Telecom has been sold to Ashmore Investment Management and telecoms investor Shaul Shani, continuing a strong week for buyout firms in the telecoms sector.