Markaz: DP World´s acquisition of Topaz Energy and Marine leads the top GCC M&A transactions during Q3 2019
(WorldNews Africa)

Markaz: DP World`s acquisition of Topaz Energy and Marine leads the top GCC M&A transactions during Q3 201917 - Nov - 2019 UAE`s industrial sector leads the top GCC M&A transactions during Q3 2019 as per a report recently issued by the Investment Banking Department at Kuwait Financial Centre `Markaz`. The top reported deal within Q3 2019 was completed by DP World as they acquired 100% of Topaz Energy and Marine from Renaissance Services and Standard Chartered Private Equity (recently bought out by Affirma Capital) for a total value of $1.1 billion. The remaining top transactions were split evenly between Kuwaiti and Saudi targets. Among the transactions involving Saudi targets was Saudi...