Nov 29, 2013 | Deals, MENA
PROJECT SUMMARY A prominent Iraqi Group and a prestigious Turkish Group commenced the cement plant investment in Northern Iraq in 2012. The plant is intended to produce cement products such as Ordinary Portland Cement (OPC) and Sulfate Resistance Cement (SRC). The...
Nov 25, 2013 | Deals, MENA, South & Central Asia
This Turkish electric controls company manufactures a wide range of switch and socket products, group sockets, fuses, fuse boxes and accessories such as relays, grounded male plugs, grounded female plugs and grounded triple sockets. It has a 25-30% domestic market...
Nov 25, 2013 | MENA, News, North America
(Reuters) – Apple Inc agreed to buy Israel-based PrimeSense Ltd, a developer of chips that enable three-dimensional machine vision, for about $350 million, Bloomberg reported on Sunday citing a source. PrimeSense’s sensing technology, which gives digital...
Nov 19, 2013 | MENA, News
DUBAI, Nov 11 (Reuters) – TPG Capital and Abraaj Group have teamed up to compete against KKR & Co for a majority stake in Saudi Arabian fast-food chain Kudu, three banking and industry sources said. * TPG/Abraaj vs KKR for majority stake in Kudu –...
Nov 18, 2013 | Central & Eastern Europe, MENA, News, Russia
The Moscow Times Israeli flavorings and specialty ingredients company Frutarom Industries will acquire 75 percent of Russia’s Protein Technologies Ingredients for $50.3 million in cash. The agreement includes an option for Frutarom to purchase the remaining 25...
Oct 29, 2013 | MENA, News, Western Europe
DUBAI, Oct 28 (Reuters) – The private equity arm of Dubai Holding, which is owned by the emirate’s ruler, is planning to sell its minority stake in a luxury retailer backed by Swatch, four banking and industry sources aware of the matter said. * DIC in...
