Arabtec in talks to acquire Kharafi National | Arabtec in talks to acquire Kharafi National -
Arabtec

Arabtec in talks to acquire Kharafi National

: Tuesday, February 25 - 2014 @ 02:13

Dubai’s largest listed construction firm, Arabtec Holding is in the advanced stages of negotiations to acquire Kharafi National, a subsidiary of Kuwait’s Kharafi Group, Reuters has reported, citing two sources aware of the discussions. The deal, if completed, would be worth about Dhs2bn ($545m), one source said. A formal agreement is expected in two to three months, the sources said.

Related Article

Today's Top Stories

Week's Top Stories

Posted by

Tuesday, February 25- 2014 @ 2:13 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically





JobsVIEW ALL

Search for jobs

Latest Jobs



AME Info Services