-
1 week ago | 
bloomberg.com | Laura Cuesta |Omar Tamo
Closed retail units including a Zara store, right, in Beirut. Photographer: Francesca Volpi/Bloomberg(Bloomberg) -- The operator of Zara clothing and Virgin Megastore chains in the Middle East has paused plans for an initial public offering to focus on its business operations, according to people familiar with the matter.
-
1 week ago | 
news.bloomberglaw.com | Laura Cuesta |Omar Tamo
The operator of Zara clothing and Virgin Megastore chains in the Middle East has paused plans for an initial public offering to focus on its business operations, according to people familiar with the matter. Azadea Group’s decision to delay the listing is not related to the market volatility triggered by US President Donald Trump’s tariff policies, the people said, requesting anonymity to discuss confidential information.
-
1 week ago | 
news.bloombergtax.com | Laura Cuesta |Omar Tamo
The operator of Zara clothing and Virgin Megastore chains in the Middle East has paused plans for an initial public offering to focus on its business operations, according to people familiar with the matter. Azadea Group’s decision to delay the listing is not related to the market volatility triggered by US President Donald Trump’s tariff policies, the people said, requesting anonymity to discuss confidential information.
-
2 weeks ago | 
bloomberg.com | Laura Cuesta |Farah Elbahrawy
Inside the Saudi Stock Exchange. (Bloomberg) -- The Middle East, a bright spot for new share sales for four years, faces a significant challenge from the recent volatility in equity markets and a slump in oil prices. Even so, bankers are hopeful that dealflow will resume in coming weeks. Unlike a raft of companies in Europe and the US, Middle Eastern firms planning to go public later this quarter haven’t yet postponed plans, according to bankers working on the deals.
-
2 weeks ago | 
news.bloomberglaw.com | Laura Cuesta |Farah Elbahrawy
The Middle East, a bright spot for new share sales for four years, faces a significant challenge from the recent volatility in equity markets and a slump in oil prices. Even so, bankers are hopeful that dealflow will resume in coming weeks. Unlike a raft of companies in Europe and the US, Middle Eastern firms planning to go public later this quarter haven’t yet postponed plans, according to bankers working on the deals.
-
1 month ago | 
bloomberglinea.com.br | Laura Cuesta |Nicolas Parasie
Bloomberg — A Warner Bros está adquirindo uma participação minoritária na OSN, com sede em Dubai, em uma tentativa de conquistar uma fatia do mercado de entretenimento do Oriente Médio, que cresce rapidamente. A Warner pagará US$ 57 milhões por cerca de um terço da OSN Streaming, disse Joe Kawkabani, CEO da controladora OSN Group, em uma entrevista. A transação será feita em etapas e ainda está sujeita a aprovações regulatórias, de acordo com um comunicado conjunto.
-
1 month ago | 
news.bloomberglaw.com | Laura Cuesta |Nicolas Parasie
Warner Bros. Discovery is taking a minority stake in Dubai-based OSN Streaming Ltd.in a bid to capture a slice of the fast-growing Middle Eastern entertainment market. Warner Bros. will pay $57 million for about a third of OSN Streaming, Joe Kawkabani, chief executive officer of parent OSN Group, said in an interview. The transaction will be done in stages and is still subject to regulatory approvals, according to a joint statement.
-
1 month ago | 
bloomberg.com | Laura Cuesta |Nicolas Parasie
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
-
1 month ago | 
news.bloomberglaw.com | Laura Cuesta |Nicolas Parasie
Abu Dhabi sovereign wealth fund Mubadala Investment Co. is considering plans to sell at least part of its $1 billion stake in telecom operator Du, according to people familiar with the matter. Firms including Emirates NBD, First Abu Dhabi Bank and Goldman Sachs Group Inc. have been lined up to advise on the deal, the people said, requesting anonymity as the information is confidential. Mubadala has been weighing a sale for some time, but the talks are still at an early stage, the people said.
-
1 month ago | 
bloomberg.com | Laura Cuesta |Nicolas Parasie
Abu Dhabi sovereign wealth fund Mubadala Investment Co. is considering plans to sell at least part of its $1 billion stake in telecom operator Du, according to people familiar with the matter. Firms including Emirates NBD, First Abu Dhabi Bank and Goldman Sachs Group Inc. have been lined up to advise on the deal, the people said, requesting anonymity as the information is confidential.
