Americana has notified ADX that it was in talks with the target company after an unconfirmed report of negotiations appeared last week
Fajr Capital
Latest in Fajr Capital
Aster DM Healthcare
GCC healthcare spend tipped to hit $124bn by 2028
Gulf healthcare spending is set for major boost in next few years, according to JLL forecasts
Alisha Moopen
Aster DM Healthcare seals deal for sale of GCC business for $1bn
The deal is part of Aster’s plan to unlock its value through a business restructuring, which includes divesting stakes in its GCC and India-based businesses
Blackstone
Consortium completes exit from GEMS Education investments
Sale completed of around 30% stake in Dubai education giant to consortium led by CVC Capital Partners
Blackstone Group
CVC said to be close to $1bn deal for stake in GEMS Education
CVC Capital Partners deal would value GEMS Education at more than $4bn
Blackstone Group
GEMS Education investors said to be weighing stake sale
Fajr Capital Ltd, Bahrain’s sovereign wealth fund Mumtalakat Holding also considering selling some or all of their holding in the education provider in a deal that could value GEMS at about $4bn
Dino Varkey
Malaysia’s sovereign wealth fund acquires stake in GEMS
Khazanah becomes the second sovereign wealth fund to invest in GEMS Education, following Bahrain’s in 2014
