J.P. Morgan enters into agreement to acquire Aumni

J.P. Morgan announced yesterday that it has entered into a definitive agreement to acquire Aumni, one of the leading provider of investment analytics software to the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Founded in 2018, Aumni’s proprietary data analytics engine structures, […]

Univar Solutions enters into merger agreement by Apollo Funds

Univar Solutions Inc. and Apollo announced recently that funds managed by affiliates of Apollo have entered into a definitive merger agreement to acquire the Company in an all-cash transaction that values the Company at an enterprise value of approximately $8.1 billion. The transaction includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment […]

KIPCO signs USD 525 mln credit facility

The Kuwait Projects Company (Holding) announced that it has signed a USD 525 million (KD 160.4 million equivalent) credit facility with a group of nine regional and international banks. The facility has an initial February 2025 maturity and a one-year extension option at KIPCO’s sole discretion. Standard Chartered Bank acted as the coordinator, with First […]

Alfanar and Daewoo E&C sign an agreement during Iktva 2023

Alfanar signed a memorandum of understanding (MoU) with the Korean company, Daewoo Engineering & Construction, during Saudi Aramco’s iktva 2023 Forum & Exhibition that is currently being held at Dhahran Expo Center under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province. The USD 1.5 billion agreement signed by […]