#mergers and acquisitions

UAE Exchange suitor in merger talks with Bahrain-headquartered BFC Group

Merger of Finablr assets and BFC would create regional financial services giant

Bollywood park, Dubai parks and resorts

Dubai’s DXB Entertainments to hire advisers to evaluate Meraas’ offer

The board approved appointing KPMG and Shuaa Capital as financial advisers and Allen & Overy as legal adviser

Salesforce enters into definitive agreement to acquire Slack

Slack will become an operating unit of Salesforce and will continue to be led by CEO Stewart Butterfield

Midis SI Group acquires Abu Dhabi-based IT services company MAGNOOS

Founder Michael Halas to continue running MAGNOOS as managing partner

Mimecast acquires anti-phishing technology provider MessageControl

MessageControl uses machine learning to protect emails

Microsoft talks to acquire TikTok to continue after Trump’s about-turn

US President agrees to 45-day window for negotiations between Microsoft and ByteDance

Dubai UAE

JPMorgan sees virus fallout stoking Middle East deals into 2021

The first six months saw $72bn of bond issuance from the region

Abu Dhabi’s Edge to acquire Lockheed Martin shares

AMMROC is the region’s only authorised Lockheed Martin C-130 Service Centre.

Coronavirus pandemic drags global M&A to lowest level since 2012

Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012