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Keywords: Acquisition
In a recent filing with the Securities and Exchange Commission (SEC), it was revealed that President-elect Donald Trump has transferred his entire stake of 114,750,000 shares in Trump Media to his revocable trust. This move, which took place on Tuesday, has no immediate financial compensation for Trump,......
Sound Energy has completed the partial divestment of its Moroccan gas assets to Managem Group, a transaction valued at up to $45.2 million. This move is in line with Sound Energy’s strategy to unlock greater value from its energy projects in Morocco. Graham Lyon, Executive Chairman of Sound Energy,......
OCP Group, a leading Moroccan phosphate producer, is making strategic moves to expand its influence in the global animal feed sector. The company has submitted a proposal to Morocco's Competition Council to acquire a 75% stake in Spain’s Global Feed SLU, enhancing its control over the Spanish......
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......
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......
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......
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......
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......
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......
