The merged entity will retain the name Getty Images Holdings, Inc and continue trading on the New York Stock Exchange under “GETY”
merger
Latest in merger
DP World Tour Championship
Saudi LIV, PGA merger: Middle East key to development of golf, world sport, experts say
PGA Tour and LIV Golf merger elevates the region’s role in the golf industry, experts say, as the ‘most acrimonious chapter’ in the sport’s history ends
Asset Management
Shareholders back proposed merger between Kuwait’s Kamco, Global
Kamco Investment Company says shareholders have approved all matters related to a draft merger contract between it and Global Investment House
Abu Dhabi Financial Group
Shuaa Capital shareholders approve ADFG merger plan
Shuaa, Abu Dhabi Financial Group merger subject to final regulatory approvals and is expected to be completed soon
GCC IPO market
Middle East merger, acquisition activity slows during Q1
PwC Middle East’s annual regional report also shows a market decline in M&A activity in 2018
Carlos Ghosn
Renault to decide on merger talks with Fiat Chrysler
Merger with Fiat Chrysler could create a new global giant spanning the United States, Europe and Japan
Aramco
Aramco and Sabic plan ‘discovery phase’ to unlock savings after merger
Aramco and Sabic announced the $69 billion deal last week
Ahli United Bank
Kuwait Investment Authority sees no conflict of interest in KFH-AUB merger
The role of finance minister at the two institutions doesn’t constitute a conflict of interest, according to Kuwait Investment Authority
Abu Dhabi
1,000 jobs said to be at risk in proposed Abu Dhabi banking merger
Sources say talks among Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank are at an advanced stage
Ahli United Bank
Kuwait bank in merger talks to create $92bn Islamic lender
Kuwait Finance House sent a letter inviting Ahli United to sign a memorandum of understanding and a non-disclosure agreement to start valuation studies
Careem
Uber is in talks with Careem to merge in Middle East
Uber has said that it would need to own more than half of the combined company, if not buy Careem outright
Eshraq Properties Company
Abu Dhabi’s Eshraq Properties shelves plans to merge with Reem Investments
Eshraq Properties and Reem Investments say they were unable to agree on major commercial matters.
abu dhabi carrier
Emirates-Etihad merger plan is up to shareholders, says Tim Clark
Emirates president rules out merger with Abu Dhabi rival airline in the short- and medium-term
Banking & Finance
Omani banks seek merger to create $7bn giant
Oman Arab Bank says it is seeking a merger with Alizz Islamic Bank amid consolidation in Gulf banking sector
Aviation
Emirates chief downplays Etihad Airways merger talk
Chairman and CEO Sheikh Ahmed says airlines can cooperate without needing to merge
Al Hammadi
Saudi hospitals said to near hiring Goldman, JPMorgan on merger
Two companies said in August they were in preliminary discussions about a potential $1.9bn merger