Share swap

MENA

Multiply Group acquires majority stake in Ghitha Holding from IHC
ByNNR November 14, 2025November 14, 2025

ABU DHABI: Multiply Group PJSC has completed its acquisition of a majority stake in Ghitha Holding PJSC from International Holding Company PJSC (IHC), the companies announced Thursday. The transaction follows IHC’s general assembly meeting on Nov. 12, where shareholders approved…

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Singapore Exchange

DIB acquires Noor Bank structured through a share swap
ByNNR January 23, 2020March 19, 2023

DUBAI: Dubai Islamic Bank (DIB) has announced the completion of the acquisition of Noor Bank in a transaction structured through a share swap. As part of this agreement, DIB has issued 651,159,198 new shares to take its issued share capital…

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