Oman Oil Company acquires Oxea from Advent International

Oxea was purchased by Oman Oil Company from Advent International for EUR1.8 billion. An agreement was formalized between Oman Oil Co and Advent International for the purchase of Oxea.


Achates Power closes Series C financing round with USD 35.2 million

Achates Power completed its Series C funding round with USD 35.2 million from existing investors which included Sequoia Capital Partners, RockPort Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners.

Deyaar to invest in two new towers in Dubai's Business Bay District

In an interview with Bloomberg, Deyaar Properties CEO Said Al-Qatami confirms the investment in buildings located in Dubai.

Etihad increases stake in Virgin Australia

Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.


Latest News

Liberty Media said it bought back 5.2% of its own stock from Comcast Corp for USD 417 million. Liberty Media Corp bought back 5. 2% of its own shares from Comcast Corp in a cash deal worth USD 417 million.
Investors in CSPC Pharmaceutical Group Inc have offered shares for sale in order to raise funds. The affiliates of Hony Capital Ltd have sought to raise USD260 million through the sale of shares in CSPC Pharmaceutical Group Ltd.
Regency Energy Partners LP would be acquiring PVR Partners LP in a USD3.88 billion stock and cash deal to expand to the natural gas market.
Crestwood Midstream Partners bought Arrow Midstream Holdings for USD 750 million to expand its pipeline business in the North Dakota.
Chief executive Fabrizio Viola of Banca Monte dei Paschi di Siena SpA had told reporters on Thursday that the bank would be increasing its capital via shareholder options.
Former Vinik Asset Management colleague opens Kopernik Global Investors through seed capital from former boss Jeffrey Vinik.
The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.