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Keywords: Acquisition
In a strategic move consolidating its position in the Moroccan financial landscape, Holmarcom, the renowned conglomerate, has finalized its acquisition of Credit Agricole's entire stake in Credit du Maroc, a major banking institution in the country. This transaction grants Holmarcom an impressive......
In a bold move that has captured the attention of the tech world, Frank McCourt, the prominent American entrepreneur and former owner of the Los Angeles Dodgers, has unveiled his audacious plan to acquire the wildly popular social media platform, TikTok. This endeavor, dubbed "Project Liberty,"......
The United States Congress is set to review Morocco's request to acquire the advanced MQ-9B SeaGuardian unmanned air vehicles. According to reports from the Spanish news outlet El Periodico de Ceuta, the US legislative body will soon consider the proposed agreement, marking a pivotal moment in defense......
In a twist of geopolitical intrigue, the proposed acquisition of the Spanish energy firm Naturgy by the United Arab Emirates' TAQA has sparked a flurry of conspiracy theories in Spanish and Algerian media. Accusations of a secret agenda to gain control over Algerian gas supplies have dominated the......
The Compagnie de Transports au Maroc (CTM) has announced the acquisition of the majority stake of Bank Of Africa in the maritime transportation company Africa Morocco Link (AML). The effective completion of the operation is subject to obtaining approvals from the competent authorities. The transaction......
The Turkish company Arçelik, parent company of Beko, has announced the completion of the acquisition of Whirlpool's subsidiaries and operations in Morocco and the United Arab Emirates. "With this acquisition, Arçelik now owns Whirlpool's entities in the United Arab Emirates......
In a daring maneuver set to potentially reshape the banking landscape across Africa, Moulay Hafid Elalamy, former Minister of Commerce and Industry and current CEO of the Saham Group, is poised for an ambitious acquisition. Rumors abound that Elalamy is nearing the acquisition of a controlling stake,......