APAC deal volume dips 4.8% YoY
A total of 11,808 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to October 2024, which was a year-on-year (YoY) decline of 4.8% compared to the 12,406 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database revealed...
Saudi Investment Fund announces the largest bookbuild offering in MENA
PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.
The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...
Global academics and young people bring first Riyadh Philosophy Conference to a close
The inaugural Riyadh Philosophy Conference closed today after three days in which...
Global sukuk issuance to fall slightly in 2021 as financing needs ease
Gross long-term global sovereign sukuk issuance will amount to $96 billion in 2021,...
Azimut strikes an acquisition to enter the Egyptian asset management industry
Azimut Group (“Azimut”), one of Europe’s leading independent asset manager, signed today an agreement...
