Mergers

Emirates NBD's assets surge by 76.3%

Emirates NBD on Saturday said its assets grew 76.3 per cent to Dh291 billion since its formation two years ago through a landmark merger by Dubai's two leading banks. Since the merger of Emirates Bank and National Bank of Dubai...

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Emaar won’t de-list, plans new projects

Emaar Properties expects “technical talks” for its planned merger with state owned developers to be concluded within a month, its chairman said in remarks aired yesterday. The new firm will announce new projects after the...

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MUTUAL FUNDS: Economy leads to shrinking fund world

By MARK JEWELL • THE ASSOCIATED PRESS • November 22, 2009 Call it survival of the fittest, or a thinning of the herd. Through early November, almost 500 funds had disappeared, according to Morningstar. News about the end of the...

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Emaar merger talks 'done in one month'

Mohamed Alabbar, Chairman of the Dubai-based developer, Emaar Properties has said he expects 'technical talks' for the planned merger with state-owned developers Dubai Properties, Sama Dubai, and leisure developer Tatweer, to...

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Charitable unity--only to a point: United Way of the Tonawandas dispute leads to executive...

Nov 22, 2009 (The Buffalo News - O'Neil, the executive director of the United Way of the Tonawandas and an opponent of the agency's proposed consolidation with two other Niagara County United Ways, was dismissed Wednesday night...

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Final farewell to worst deal in history - AOL-Time Warner

It was an auspicious occasion, the business titans of the West standing shoulder to shoulder at the dawn of a new century. From AIG’s Hank Greenberg to Viacom’s Sumner Redstone, from Yahoo!’s Jerry Yang to General Electric’s...

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Canara, Dena banks may take consolidation forward

The government may facilitate merger of Dena Bank with Canara Bank, which would create an entity with expected business of around Rs five lakh crore in the current fiscal. Two days after finance ministry officials met heads of...

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OFT to fast-track Orange and T-Mobile merger through EU

UK watchdog likely to cede competition inquiry to European commission to speed up the process By Mark Leftly and Greg Walton Orange and T-Mobile, the UK mobile phone companies, are likely to see their proposed merger sent to...

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Breaking News: VW board moves closer to Porsche merger

German carmaker Volkswagen AG said its supervisory board had approved certain agreement contracts for the planned merger with German sportscar builder Porsche. German carmaker Volkswagen AG said its supervisory board had...

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UAE- Structure of Amlak-Tamweel merger to be finalised before year-end

UAE- Structure of Amlak-Tamweel merger to be finalised before year-end (MENAFN - Khaleej Times) The structure of the merger of mortgage lenders Amlak and Tamweel will be finalised before the end of the year. Shaikh Khalid bin...

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