Dinesh Nair
Stories by Dinesh Nair
Dubai-based GEMS Education founder in talks to sell stake in school operator
Sunny Varkey is working with Rothschild & Co. to find potential investors.
Singapore’s GIC in talks to join consortium eyeing Adnoc pipeline stake
The gas pipelines could be valued at about $15 billion.
Petronas joins Exxon in seeking exit from Chad project
The Malaysian state-owned oil giant is working with an adviser on the potential disposal of its 35% stake in the project.
Saudi wealth fund PIF said to parts ways with three top executives
The PIF has made a series of significant investments in recent years, with a mixed track record.
Abu Dhabi wealth fund Mubadala weighs deal in troubled NMC Health
Mubadala is also seeking to expand into health care as part of Abu Dhabi’s efforts to diversify its economy.
Saudi Aramco said to start early preparations for overseas listing
The world’s largest publicly traded company is in discussions with Wall Street banks to draw up scenarios for a second listing overseas.
India’s RIL in talks to sell stake in oil-to-chemical division to Saudi Aramco
Aramco officials and bankers have been working at Reliance’s offices in Mumbai for due diligence this month.
UK’s EG Group in talks to team up with Macquarie for Caltex Australia bid
Caltex shares rose as much as 1.1 per cent on Wednesday in Sydney, giving it a market value of about $5.6 billion.
Fosun weighs sale of German insurer Frankfurter Leben
The acquisitive Shanghai-based company has been slowing its pace of overseas dealmaking.
Abu Dhabi Investment Authority to sell $2b worth stake in PE funds
This move comes amid an increasing push toward direct investments by the sovereign wealth fund.