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Keywords: Acquisition
Australian uranium company Zeus has recently finalized an agreement with Ashgill Morocco Limited to acquire the Casablanca Antimony Project, a venture that has garnered attention as a "highly prospective" exploration initiative in central Morocco. The project encompasses six exploration licenses......
Spanish media outlets have voiced significant apprehension following Morocco's receipt of six Apache AH-64E combat helicopters from the United States. El Independiente, among others, has issued warnings about what it perceives as a strategic challenge to Spain's military status. This alarmist......
Morocco is reportedly preparing to enhance its naval power by acquiring two advanced submarines, according to a report by Military Africa. The move is part of the North African country's broader strategy to modernize its military and strengthen its ability to address evolving security challenges......
Recent reports indicate Morocco may become the first Arab and African nation to acquire the F-35 stealth fighter jet. The potential $17 billion deal, which would span 45 years for procurement and maintenance, has gained momentum following renewed diplomatic engagement from Washington. The development......
TGCC (Travaux Généraux de Construction de Casablanca) has signed an agreement to acquire a 60% controlling stake in STAM (Société de Travaux Agricoles Marocains), in a deal valued at MAD 4.3 billion ($430 million). The transaction includes STAM's 55% ownership of VIAS......
The Moroccan military has acquired the Chinese-manufactured TB-001K drone, known as the "Twin-Tailed Scorpion," strengthening its aerial defense capabilities and diversifying its international defense partnerships. The TB-001K, produced by Sichuan Tengden, features impressive technical specifications......
Sonos finds itself at a crossroads, grappling with one of the most challenging periods in its history. The once-celebrated audio technology company has seen its fortunes falter, and rumors of a potential acquisition by major tech players are gaining momentum. A disastrous update derails Sonos'......
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing him of failing to disclose his acquisition of a significant stake in Twitter within the legally required timeframe. The alleged violation pertains to Musk's delay in notifying regulators after surpassing......
Moroccan mining powerhouse Managem Group has finalized the sale of its Oumejrane mining subsidiary to Purple Hedge Resources Morocco for USD 30 million. The agreement, announced on Wednesday, includes potential additional payments of over USD 2 million, subject to conditions, payable after a 12-month......