Dinesh Nair
Stories by Dinesh Nair
Dubai Islamic Bank taps HSBC to advise on acquiring smaller rival
An acquisition would create a lender with $76 billion in assets.
Abraaj backer Hamilton Lane among several warned about fund
At least two senior Hamilton Lane executives received an anonymous email in September 2017 advising them not to invest in a planned Abraaj global emer
Mubadala said to mull options for $10b Canadian plastics maker Nova
The sovereign wealth fund is considering what to do with the asset, including selling a stake to a Canadian pension fund or another company in the ind
Qatar’s Nebras said to mull sale of $1b stake in Indonesia’s Paiton Energy
Nebras acquired its stake in Paiton from French utility Engie SA in 2016.
Uber, Mastercard deals mark coming of age of Middle East’s tech startups
The Middle East and North Africa region has a seen 30 to 50 percent increase in funding year-on-year in startups since 2015.
Uber said to finalise $3.1b deal to buy Middle East rival Careem
The US ride-hailing giant will pay $1.4 billion in cash and $1.7 billion in convertible notes for Careem.
Nestle said to shortlist Advent-GIC consortium, KKR for skin-health unit bid
Nestle may fetch $8 billion to $10 billion for the assets and the company would prefer to sell the unit as a whole.
Uber said to be in advanced talks to acquire Dubai-based rival Careem
The companies may announce a cash-and-shares transaction that values Careem at about $3 billion in the coming weeks.
JPMorgan, CLSA said to pitch for $2b Pakistan privatisation deal
Prime Minister Imran Khan is pursuing a divestment that would rank as one of the biggest-ever mergers and acquisitions in Pakistan, as he seeks to bri
Deutsche Bank said to get commitments from Qatar wealth fund
QIA, which manages $320 billion, is known for its big-name investments and has purchased stakes in companies including Rosneft PJSC and Volkswagen AG.
