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Holged Expands Preschool Education Footprint with Acquisition of Kenzi Nursery

The Moroccan preschool education sector is witnessing a new dynamic as Holding générale d'éducation SA (Holged) acquires Crèche jardin d'enfants Kenzi SARL. This transaction marks a significant milestone in Holged's expansion, further strengthening its investments......

Holmarcom Solidifies Dominance in Moroccan Banking Sector

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......

The Ambitious Bid: Frank McCourt's Endeavor to Transform TikTok

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,"......

US Congress Set to Review Morocco's Acquisition of MQ-9B SeaGuardian Drones

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......

The UAE's TAQA Bid for Naturgy: A Strategic Move Sparking Conspiracy Theories

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......

CTM Acquires Majority Stake from Bank Of Africa in AML

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......

Arçelik Completes Acquisition of Whirlpool Subsidiaries in Morocco and the United Arab Emirates

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......

Elalamy's Bold Move: Acquisition of Societe Generale's Sub-Saharan Presence

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,......