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ADIA, EQT to buy Dechra Â
The acquisition is expected to complete by early 2024.
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Green initiatives, SWFs drive M&A growth across GCC
Saudi Arabia emerges as an appealing market for foreign corporations interested in M&A deals due to rising global crude oil demand, Vision 2030, and private sector development. -
Lufthansa to sell catering unit
LSG Group is to be sold to private equity group Aurelius. -
Market downturn impacts growth equity valuation
For strong growth companies, the choice has narrowed down to growth funding vs private equity and both have different criteria. Very often, companies prefer growth-oriented investors for higher valuations, whereas many PE investors remain by nature more cautious, he adds. -
There’s light at the end of the tunnel for tech stocks
However, there are numerous economic sectors where tech penetration remains in its infancy, such as in logistics, e-commerce and supply chains, which retain enormous growth potential irrespective of recession risks, and in many cases can be accelerated by cost concerns, Deschamps adds. -
Resilience in PE market may open new opportunities
Despite the uncertainty, many PE firms are adapting and keen to point to their funders’ patience and understanding in what has been a difficult period for the business world. There will be opportunities to acquire some assets cheaply as some corporates have failed in the post-pandemic market, he adds. -
Investcorp, Riverside sell Arrowhead Engineered Products
Investcorp, a Bahrain-based alternative investment management firm, and global private investor Riverside Co. have sold Arrowhead Engineered Products (AEP) to Genstar, a private equity firm. -
Mubadala Capital closes fund after raising $1.6 billion
The Fund III is focused on direct investments in North America and Europe in media, sports and entertainment, consumer and food services, financial and Industrial services. Mubadala manages $9 billion of assets in third-party managed funds across its private equity, public equities and venture capital. -
Abu Dhabi’s UEMedical partners with US private equity firm
The new investment would enable UE Medical to scale up its service offerings Olive Rock is based in Abu Dhabi Global Market, while Cerberus is an American private equity firm with about $55 billion in assets United Eastern Medical Services (UEMedical), a major healthcare services provider in Abu Dhabi,...