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Keywords: Acquisition


Saham Group Completes €745 Million Acquisition of Société Générale’s Moroccan Subsidiaries

Saham Group has finalized its acquisition of Société Générale’s Moroccan banking and insurance subsidiaries, marking a significant milestone for the company and a notable return to the financial sector for its founder, Moulay Hafid Elalamy. The transaction, valued at......

Morocco Enhances Military Capabilities with KC-390 Millennium Aircraft Acquisition

The Royal Moroccan Air Force has made significant strides in strengthening its military capabilities by officially signing a contract for the acquisition of the KC-390 Millennium military transport aircraft. This milestone follows successful trial operations conducted in March and marks a pivotal moment......

Moroccan Firm Challenges Global Spread Market with Strategic Italian Acquisition

In a significant move that could reshape the global spreads industry, Teralys, a subsidiary of Moroccan royal holding company Al Mada, has announced its acquisition of Italian agro-industrial group Nutkao for €450 million. This strategic purchase positions Teralys as a formidable competitor to established......

Unveiling Twitter's Moderation Journey: A Post-Elon Musk Analysis

The acquisition of Twitter by tech billionaire Elon Musk has sparked intense scrutiny and curiosity about the platform's moderation practices. As the dust settles on this transformative event, a comprehensive analysis of Twitter's moderation journey post-acquisition is long overdue.  Since......

Saham Group's Strategic Move: Acquiring Société Générale Maroc

In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......

Egyptian Hospitality Giant Pickalbatros Expands Its Moroccan Portfolio

In a strategic move that underscores its commitment to the North African hospitality market, Pickalbatros, Egypt's leading hotel and tourism group, has announced the acquisition of four prestigious hotels in Morocco. This expansion marks a significant milestone in the company's growth trajectory......

UNICEF Spearheads Emergency Mpox Vaccine Procurement Amid Escalating Global Crisis

In a critical move to combat the escalating mpox (monkeypox) outbreak, UNICEF has issued an emergency tender to procure vaccines, highlighting the urgency for immediate global action. According to a recent UNICEF report, the outbreak, classified as a public health emergency by both the Africa Centres......

Morocco Enhances Military Capabilities with Advanced US Rocket Systems

Morocco is poised to make history as the first North African nation to acquire the High Mobility Artillery Rocket System (HIMARS) and Army Tactical Missile Systems (ATACMS) from the United States. This groundbreaking development, reported by defenceWeb, marks a significant milestone in the country's......

Moroccan Government Approves SRM Casablanca-Settat’s Full Acquisition of Lydec

In a highly anticipated move, the Moroccan government has officially authorized the Société Régionale Multiservices (SRM) Casablanca-Settat to acquire 100% of Veolia’s shares in the utility company Lydec S.A. This significant development was formalized through Decree 2.24.737,......