Middle East & North Africa

Abraaj and Dana forge gas alliance(3)

Dubai-based buyout firm Abraaj Capital has entered a strategic alliance with United Arab Emirates gas company Dana Gas, shortly after its record-breaking deal to buy the Egyptian Fertilizers Company.

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.

Tchenguiz doubles Sainsbury’s stake(2)

The property entrepreneur has doubled his stake in the grocer to 11 percent, prompting questions whether a takeover strategy may be in the works.

Consortium invests $161m in Nigerian Bank(3)

Nigeria’s Intercontinental Bank has received a growth capital investment from a consortium of five firms, indicating invetors’ favourable response to the country’s first democratic transferral of power.

Consortium invests $161m in Nigerian Bank(2)

Nigeria’s Intercontinental Bank has received a growth capital investment from a consortium of five firms, indicating invetors’ favourable response to the country’s first democratic transferral of power.

ECI sold to Shaul Shani and Ashmore for $1.2bn

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.

Abraaj and Dana forge gas alliance(2)

Dubai-based buyout firm Abraaj Capital has entered a strategic alliance with United Arab Emirates gas company Dana Gas, shortly after its record-breaking deal to buy the Egyptian Fertilizers Company.

Bain strikes twice in musical, nautical deals(2)

Bain Capital is set to acquire US retailer Guitar Center for $2.1 billion. Meanwhile, the firm’s German arm has agreed to purchase yacht manufacturer Bavaria Yachtbau.

Consortium invests $161m in Nigerian Bank

Nigeria’s Intercontinental Bank has received a growth capital investment from a consortium of five firms, indicating invetors’ favourable response to the country’s first democratic transferral of power.