#Transaction

Saudi Aramco

Aramco completes acquisition of Valvoline’s global products business

The transaction expands Aramco’s lubricants business globally

ADNOC, TAQA and Mubadala complete transaction to acquire Masdar stakes

Abu Dhabi’s ADNOC, TAQA and Mubadala complete deal to acquire Masdar stakes

Masdar targets a minimum of 100GW in renewable energy capacity and the production of up to one million tons of green hydrogen by 2030

Dubai Islamic Bank prices $750m inaugural sustainable sukuk

Dubai Islamic Bank prices $750m inaugural sustainable sukuk

The transaction marked the largest issue size in international capital markets by a GCC bank since February 2022

Kuwaiti conglomerate explores stake sale in Starbucks franchise

Alshaya opened its first Starbucks in Kuwait in 1999 and later expanded the brand to Turkey in 2003 and Russia in 2007

Abu Dhabi’s ADNOC Distribution to raise approximately $1.64bn via combined share, bond offering

The transaction is the first combined equity and exchangeable bond offering in the GCC

Bahrain’s Investcorp buys stake in private equity firm Centre Lane

Centre Lane plans to use the capital to expand its private-credit and special-opportunities platforms and to increase capital commitment

Abu Dhabi’s Aldar to sell two district cooling assets for Dhs963m

The transaction is expected to complete in the first quarter of 2021